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Rick,
I made a start with your indicator (you have your own personal page
at the UKB - one of the perks of being an author is free space -
thanks Tomasz).
If you can tell me, in reference to the drawing what is the first buy
and sell signal you want on that chart (the signal line isnt a
problem I will just move it down whatever percent you want ).
Look for Rick Osborne's Indicator at
http://www.amibroker.org/userkb/category/uncategorized/
brian_z
--- In amibroker@xxxxxxxxxxxxxxx, ricko@xxx wrote:
>
> Yes, except that at point 3 the close would cross below the line
(trend) and a sell signal would occur.
> I also want to plot the line (trend).
>
> GP - you mentioned that "values Uptrend, Downtrend, Crossup,
Crossdown, HV, and LV
> are all generated using only the initial values of Trend and
Period.".
>
> But I thought defining them before the loop created arrays that
could then be accessed in the loop.
>
>
> Rick Osborn
>
>
>
> ----- Original Message ----
> From: brian_z111 <brian_z111@xxx>
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: Tuesday, November 20, 2007 4:49:10 AM
> Subject: [amibroker] Re: Struggling to Learn
>
> --- In amibroker@xxxxxxxxx ps.com, "ricko8294_98" <ricko@> wrote:
> >
> > Hello
> >
> > I am trying to learn AB and loops in particular. There seems to
be
> > something I'm not getting - and I have been playing with this for
the
> > past several weeks.
> >
> > I want to create a trend indicator that will track below an
uptrend
> > (x% below the highest high of the most recent "y" period) or
track
> > above a downtrend(x% above the lowest low of the most recent "y"
> > period), where the period "y" increases each day for the duration
of
> > each trend up to a maximum level.
> >
> > When a cross of the price (C) and the trend occurs,(either up or
> > down) the period "y" resets to zero.
>
> Hello Rick,
>
> I think there might be another way.
> If I understand what you are trying to do then I am pretty sure it
can
> be done using array processing.
>
> No harm in trying.
>
> Just looking at the high side first (if we solve that then it
should be
> easy to adapt to the low side):
>
> starting hard left of screen (using barindex) -
>
> 1) bar 1 is higher than bar zero and then bar two starts a
downtrend
> that continues for a few bars so bar 1 becomes the Highest High for
the
> set periods (P)
>
> 2) a line is set x% below the HHValue(High, P) say 2%
>
> 3) when the price crosses up through the setpoint you want to
trigger a
> signal (Buy?) AND/OR reset the periods (P) to zero.
>
> 4) since you want to reset the periods (P), when the closes
crosses,
> then......
>
> P = barssince(close crossed the setpoint)
>
> Is that what you want?
> If so I might have a go at it.
>
> Brian_z
>
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