This has been discussed before so there is probably
something in the library and message archive.
----- Original Message -----
From: "brpnw1" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Thursday, August 31, 2006 10:40
AM
Subject: [amibroker] Trendlines and future
quotes
> I have been tinkering with several different methods for
> automatically generating trendlines on both price charts and within
> indicators, and then coding buy/sell signals based on trendline
> breaks.
>
> Problem is, every single one of these methods references future
> quotes. I am not into drawing trendlines by hand (and then using
> lines studies in AB, etc.) due to the time involved to do this -- I
> definitely need something that is more automatic. I need to
> integrate trendline breaks in with an automated system (cannot use
> future quotes).
>
> Since in order for a trendline to be created, only two previous high
> or low points need to be joined together in a line, I'm confused as
> to why this requires future quotes to create -- since the two points
> to create the line appeared in the past.
>
> Am I missing something? Better yet, is there a method for doing this
> that is reliable, automated, and does not use future quotes? I
> already know the answer -- just need confirmation before I give up
> looking for it.
>
> Thanks,
>
> Brian
>
>
>
>
>
>
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