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Support and resistance range for Amibroker (AFL)
Rating:
3 / 5 (Votes 4)
Tags:
amibroker, support, resistance
Live support and resistance
Screenshots
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Indicator / Formula
Copy & Paste Friendly
Av=MA(abs(C-Ref(C,-1)),5); r1=(C+Av); r2=(C+(2*Av)); s1=(C-Av); s2=(C-(2*Av)); Plot (Close,"",3,128); Plot (r1,"",24,16+8); Plot (r2,"",24,16+8); Plot (s1,"",26,16+8); Plot (s2,"",26,16+8); GraphXSpace=5; Title=Name ()+ "Support and resistance Range "+"\n"+ "RES =" + WriteVal (r1,1.2) + ", "+ WriteVal (r2,1.2) + " " + " SUPP= "+ WriteVal (s1,1.2)+ ", " + WriteVal(s2,1.2) ;
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