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Here you go:
//Price Channel
T1=Param("T1",20,1,40,1);
T2=Param("T2",20,1,40,1);
P1=Param("P1",3,1,20,1);
UF1=MA((H+L+2*C)/4,T1)+MA((H-L),T1);
LF1=MA((H+L+2*C)/4,T1)-MA((H-L),T1);
K1=IIf(C>UF1,100, IIf(C<LF1,-100,0));
UF2=MA((H+L+C)/3,T2)+MA((H-L),T2);
LF2=MA((H+L+C)/3,T2)-MA((H-L),T2);
K2=IIf(C>UF2,100, IIf(C<LF2,-100,0));
PR=MA((K1+K2)/2,P1);
Plot(0,"",colorYellow,styleLine);
upbar=PR>Ref(PR,-1) ;
downbar=PR<Ref(PR,-1) ;
barcolor=IIf(downbar,4, IIf(upbar,5,7));
Graph1BarColor=ValueWhen(barcolor != 0,barcolor);
Plot(PR,"Price Channel",Graph1BarColor,styleDots);
Title="Price Channel :"+WriteVal(PR)+
WriteIf(PR>98," {Overbought}",
WriteIf(PR<-98," {Oversold}"," "))+" : < Trend > : "+
WriteIf(PR>0," Bullish"," Bearish")+" ; <Trade> : "+
WriteIf(upbar,"Buy",WriteIf(downbar,"Sell"," "));
----- Original Message -----
From: xyou_lone
To: amibroker@xxxxxxxxxxxxxxx
Sent: Tuesday, August 03, 2004 12:32 AM
Subject: [amibroker] Re: Help!!!Tillson T3 and Price Channel
the price channel indicator looks like:
----------------------------------------------------------
Price Channel 100.00 {Oversold}
========== ======= 100
\\ //
\\ //
\\ //
== ======= 0
\\ //
\\ ==
\\ //
===== -100
-----------------------------------------------------------
also see
http://home.earthlink.net/~danny.feng/data/T3_PriceChannel.jpg
really appreciated if anyone can post the original code.
thx.
--- In amibroker@xxxxxxxxxxxxxxx, Terry <MagicTH@xxxx> wrote:
> I donšt know if this is the Tillson T3, but it is a T3 indicator.
(Also
> included as attachment).
>
> /* T3 trading system */
> a = 0.618;
> n = 24;
>
> alpha = 2/(n + 1);
> e1 = EMA(Close, n);
> e2 = EMA (e1, n);
> e3 = EMA (e2, n);
> e4 = EMA (e3, n);
> e5 = EMA (e4, n);
> e6 = EMA (e5, n);
>
> T3 = -a^3 * e6 + (3 * a^2 +3 * a^3) * e5 + (-6 * a^2 - 3 *
> a - 3 * a^3) * e4 + (1 + 3 * a + a^3 + 3 * a^2) * e3;
>
> Graph0 = Close;
> Graph1 = T3;
> Graph2 = EMA(Close,24);
> Graph2Color=28;
> Graph2Style=1;
>
> Sell = Cross ( Close, T3 );
> Buy = Cross (T3, Close );
> Short = Cross ( Close, T3);
> Cover = Cross (T3, Close );
>
> Terry
> --
>
> > people where i can find AFL files for Tillson T3 and Price Channel
> > please help me
> > if anybody has already please e-mail to me md_nemo@xxxx
> >
> >
>
>
>
> [Non-text portions of this message have been removed]
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