Re: [amibroker] Moving Average Channels?

["Steve Dugas" <sjdugas@xxxxxxxxxxx>]

How about something like this? I haven't tested it, just typed it in here.

Steve
-------------------------------------------------

MovAvgPds = 13;
LookbackPds = 63;
WantInChan = 85 // want 85% of Closes to be inside channel

MovAvg = MA( Close, MovAvgPds );
UpperBand = LowerBand = MovAvg;
KeepLooping = True;
// adjust Incr as desired
For( Incr = 0.25; Incr < 10 AND KeepLooping; Incr = Incr + 0.25 )
{
    UpperBand = UpperBand + Incr;
    LowerBand = LowerBand - Incr;
    InChan = Close < UpperBand AND Close > LowerBand
    TotalInChan = Sum (InChan, LookbackPds );
    PctInChan = TotalInChan / LookbackPds * 100;
    If( PctInChan >= WantInChan )
        KeepLooping = False;
}

Plot( Close, "Close", colorBlack, styleCandle );
Plot( UpperBand, "Upper Band", colorBlue, styleLine );
Plot( LowerBand, "Lower Band", colorBlue, styleLine );


----- Original Message ----- 
From: "niceguyeddy5" <niceguyeddy5@xxxxxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Sunday, May 29, 2005 5:44 PM
Subject: [amibroker] Moving Average Channels?


> Hello.....
> 
> Is there an indicator out there that can automatically adjust the 
> width of moving average channels to fit a givnen amount of data?
> 
> That is.....the moving average channels are great....but it's kind of 
> a pain to use trial and error to re adjust them to contain, say, 85% 
> of the data for each new chart I load...
> 
> Thanks...
> 
> Ed S.
> 
> 
> 
> 
> 
> 
> Please note that this group is for discussion between users only.
> 
> To get support from AmiBroker please send an e-mail directly to 
> SUPPORT {at} amibroker.com
> 
> For other support material please check also:
> http://www.amibroker.com/support.html
> 
> 
> Yahoo! Groups Links
> 
> 
> 
> 
> 
> 
>



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