Hi,
I am new to Amibroker and trying to figure out how to generate text labels on a chart that are plotted directly above or below each price bar that is identified. Here is what I want to do: In an Up Trend (defined by the stochastic signal line crossing above 20 and some other indicators): Identify the lowest low bar between the last 50 and 100 periods. >From the lowest low bar identified, begin to label each high peak with a number starting at 1 through 5. When a high peak is labelled with a 5 and there is a higher peak bar still to come, the count gets reset so the next highest peak bar would start at 1. In a Down Trend (defined by the stochastic signal line crossing below 80 and some other indicators), the reverse happens: Identify the highest high bar between the last 50 and 100 periods. >From the highest high bar identified, begin to label each lower trough with a letter starting at A through E. When a trough is labelled with an E and there is a lower trough bar still to come, the count gets reset so the next lowest low bar would start at A. Here is a link to an example chart of what I am trying to achieve. http://www.teklink.co.uk/CHARTS/Chart_1.JPG <http://www.teklink.co.uk/CHARTS/Chart_1.JPG> <http://www.teklink.co.uk/CHARTS/Chart_1.JPG> I am not the best programmer in the world, so any help with this would be much appreciated. I don't expect someone to code the solution for me, just a point in the right direction. Many Thanks, Pete.
