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Support and resistance levels using SAR for Amibroker (AFL)
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3 / 5 (Votes 2)
Tags:
amibroker, support, resistance, sar
Support and resistance levels using SAR
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 | _SECTION_BEGIN ( "Support and resistance levels using SAR" ); //Support and resistance levels using SAR. //ABUSLIMAN //Load into Indicator Builder //Sensitivity of the levels can be changed with the variables //Can test different numbers live with the Param function ctrl-R with open pane acc = Param ( "Acceleration" , 0.02, 0, 1, 0.001 ); accm = Param ( "Max. acceleration" , 0.2, 0, 1, 0.001 ); NumLine = Param ( "Num Lines" ,8,1,20,1); Base = SAR ( acc, accm ); GraphXSpace =0.5; Plot ( C , "" , colorBlack , styleCandle ); Plot ( SAR ( acc, accm ), _DEFAULT_NAME (), ParamColor ( "Color" , colorCycle ), ParamStyle ( "Style" , styleDots | styleNoLine , maskDefault | styleDots | styleNoLine ) ); for ( i = 1; i <= numline; i++ ) { ResBase = LastValue ( ValueWhen (BASE> O AND Ref (BASE,-1)< O ,BASE,i)); SupBase = LastValue ( ValueWhen (BASE< O AND Ref (BASE,-1)> O ,BASE,i)); Plot ( ValueWhen ( ResBase==BASE, BASE,1 ), "Resist Level" , colorRed , styleLine ); Plot ( ValueWhen ( supbase==BASE, BASE,1 ), "Support Level" , colorGreen , styleLine ); } Title = Name () + "; " + Date () + ": Support AND Resistance" ; _SECTION_END (); |
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