Mark Brown's Expertise required Please

["Phil Bailey" <baileyp@xxxxxxxxxxxxxx>]

Mark,

>From the 2001 Omega-list message below, could I see your ela's for
HighYestereday and LowYesterday?

The ela is great used as pivot points, but on some days (?), the period
starting a new day
has an outlier PP printed outside 'near' boundry which dwarfs the chart to
some degree.
I have not figured out the reason why, but the elas (I have) above may be in
question.

They may be from an TS4 or your own library.


Thanks Greatly,
Phil


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To: "Omega-List" <omega-list@xxxxxxxxxx>
Subject: Re: supp/resis indicator
From: Mark Brown <markbrown@xxxxxxxxxxxxx>
Date: Sun, 15 Jul 2001 12:55:45 -0700
In-reply-to: <000001c10d66$f2a66160$7b213418@xxxxxxxxxxxxxxxx>

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Hello  bkmk,

b> I use 30 min bars and wonder if there is an indicator I can write that
b> will plot on today’s data but will draw horizontal lines for yesterday’s
b> high and low so I can use them as rudimentary supp/resis lines?

input:tyme(1),ptyme(0935);
Input: Near(1);
var:nextyme(0);

VALUE3=(HighYesterday+near);
VALUE1=HighYesterday;
VALUE5=(HighYesterday-near);
VALUE7=(HighYesterday-LowYesterday);
VALUE4=(LowYesterday+near);
VALUE2=LowYesterday;
VALUE6=(LowYesterday-near);
VALUE8=(CloseYesterday);

IF (TrueHigh >= VALUE5 and TrueLow <= VALUE3)THEN PLOT1(VALUE1,"YH");
IF (TrueHigh >= VALUE6 and TrueLow <= VALUE4)THEN PLOT2(VALUE2,"YL");


{all this other code below you do not need}