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Hi,
hanks for your effort.The Graph price shrinks when this is applied.
Regards
--- In amibroker@xxxxxxxxxxxxxxx, "Barry Scarborough" <razzbarry@xxx>
wrote:
>
> Try starting with something like this. You might want to limit the
> trades when the ATR is lower than some threshold value. This would
> indicate a sideways or shallow channel with small bars. I assume you
> want to take a position when the market starts to move or becomes
> more volatile.
>
> // ATR lookback
>
> pATR = Param("ATR period", 15, 2, 50, 1);
>
> fATR = ATR(pATR);
> fHHV = HHV(H, pATR);
> fLLV = LLV(L, pATR);
>
> Buy = H >= fLLV + 3 * fATR; // you can try C rather than H
> Sell = L <= fHHV - 3 * fATR; // you can try C rather than L
>
> Plot(fATR, "ATR", colorBlack);
>
> PlotShapes(Buy * shapeUpArrow, colorGreen);
> PlotShapes(Sell * shapeDownArrow, colorRed);
>
> Barry
>
> --- In amibroker@xxxxxxxxxxxxxxx, "binjobingo" <binjobingo@> wrote:
> >
> > Hi anybody have afl for this
> >
> > Lookback period should be adjustible
> >
> > ATR parameter should be adjustible
> >
> > New UpMove starts when price moves 3 ATRs
> > up from the lowest low or lowest close over 15-period look-back.
> >
> > New Downmove starts when price moves 3 ATR's down from the
> > highest high or highest close over 15-period look back period
> >
>
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