Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
Find Out More Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Support & Resistance for Amibroker (AFL)

Rating:
4 / 5 (Votes 3)
Tags:
amibroker, support, resistance

Support & Resistance

Screenshots

Similar Indicators / Formulas

Intraday Trades
Submitted by vishalsbharati about 6 years ago
Support/Resistance Modified
Submitted by dkeleher almost 7 years ago
Automatic Support and Resistance with Channel
Submitted by kaiji about 8 years ago
Tom DeMark Trend Lines
Submitted by kaiji almost 8 years ago
Support and resistance range
Submitted by mediaworks about 7 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Support & Resistance");
/* SUPPORT AND RESISTANCE */


LB= Param("Look Back Periods",10,1,30,1);
R=ValueWhen(Cross(MA(C,LB),C),HHV(H,LB),1);
S=ValueWhen(Cross(C,MA(C,LB)),LLV(L,LB),1);
//UpClose = Close - Ref(Close,-1); 
//Color = IIf(UpClose >= 0, colorBlue, colorRed); 

UpClose = Close - Ref(Close,-1); 
Color = IIf(UpClose > 0, colorBlue, colorRed); 
PlotOHLC(Open,High,Low,Close,"", Color, styleCandle); 
Plot (R,"Resz",ParamColor("R Color",colorRed),8+16);
Plot (S,"Supp",ParamColor("S Color",colorGreen),8+16);

//Plot (R,"Resz",22,8+16);
//Plot (S,"Supp",19,8+16);
// Plot (C,"Close",color,64,32);
GraphXSpace=4;
Title = "Support & Resistance -  " + FullName()+ " - " + Date() + 
		"\n O: " + O + ",  H: " + H + ",  L: " + L + ",  C: " + C +
		" (" + WriteVal(C-Ref(C,-1)) + "/" + WriteVal((C-Ref(C,-1))*100/ Ref(C,-1)) +" ), Vol: " + WriteVal(round(V),0) 
		+ EncodeColor(colorRed) + "   Resistance = " + WriteVal(R) + EncodeColor(colorBlue) + "  Support = " + WriteVal(S);
_SECTION_END();

_SECTION_BEGIN("BackgroundColor");
SetChartBkGradientFill( ParamColor("AboveColour", colorLime),ParamColor("UnderColour", colorBlack));
_SECTION_END();


_SECTION_BEGIN("Volume");
Plot( Volume, _DEFAULT_NAME(), IIf( C >= Ref(C,-1), ParamColor("Up Color", colorGreen ), ParamColor("Down Color", colorRed )), 
ParamStyle( "Style", styleHistogram  | styleThick | styleOwnScale, maskHistogram  ),3 ); // height = 5 (can change it)
_SECTION_END();

0 comments

Leave Comment

Please login here to leave a comment.

Back