Or could it be so that a relative high point and a relative low point, where prices have been reversing (with some % tolerance) for a X number of bars, these high and low points are stored and defined as the resistance levels.
I'm kind of looking into breakouts from ranges. --- In amibroke [EMAIL PROTECTED], "Prashanth" <[EMAIL PROTECTED]> wrote: > > Hello, > > Instead of using Support / Resistances points which are different to each scrip, I would say that you better check out Boilinger Bands and Keltner Bands and see how you can code using them for determinnation of Trading Ranges. > > Cheers > > Prashanth > ----- Original Message ----- > From: carlacash26 > To: [email protected] > Sent: Thursday, December 28, 2006 5:36 PM > Subject: [amibroker] Re: scan for trading ranges? > > > I would define a trading range like when price has bounced between a > support and a resistance line X number of times over a X period of > time. How would you define it? > > Is there any code available for anything like this? > > --- In [email protected], "Herman" <psytek@> wrote: > > > > It would depend on your definition of a "trading range"...almost > anything > > precisely defined can be coded. > > > > herman > > > > -----Original Message----- > > From: [email protected] [mailto:[EMAIL PROTECTED] > > Behalf Of carlacash26 > > Sent: December 28, 2006 6:09 AM > > To: [email protected] > > Subject: [amibroker] scan for trading ranges? > > > > > > Is it possible to scan a large number of stocks to get a list of > those > > who are currently in a trading range? Or is this very hard to > > accomplish? Are there any code available of such? > > > > > > > > > > > > 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 NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > > http://www.amibroker.com/devlog/ > > > > For other support material please check also: > > http://www.amibroker.com/support.html > > > > Yahoo! Groups Links > > >
