Hi Rasheed,

What time length do you expect this to run on?  1 Minute, 15 Min, Hourly, end 
of day??? Do you want the H1 and L1 levels set by the time frame selected or 
some other time frame (like end of day if you are charting intraday).

How do you define a buy or sell?  Is it to be a cross of the H1 or L1 line?  

An exploration that produces the H1 and L1 values for each stock or instrument 
is easy enough to code, I just don't know what the answer to the above 
questions are and those will determine the code and solution to your question. 
I'll be glad to help in a bit once we know this information.
 
Peace and Justice   ---   Patrick
  ----- Original Message ----- 
  From: Rasheed M 
  To: [email protected] 
  Sent: Thursday, January 28, 2010 2:33 PM
  Subject: [amibroker] REALLY NEED HELP ON BREAKOUT FORMULA


  hi guys.
  I need help. I will like to run a scan/exploration on an AFL titled 
"BREAKOUTS". I reduced the parameters to (lookback= 10) & (Shift=5). I need it 
to give me "H1'' & "L1" points prices of each stocks and perhaps a BUY/SELL 
within these regions.
  Thanks I will really appreciate.


  _SECTION_BEGIN("BREAK OUTS");
  H0=H;

  L0=L;

  C0=C;

  O0=O;

  Lookback=Param("LookBack",22,10,50,1); // Default for interday commodity 
currency trading

  shift=Param("Shift", 11,1,50,1);                     // ?

  x0=LastValue(Cum(1));

  x1=x0-shift;

  H=Ref(H,-shift+1);

  L=Ref(L,-shift+1);

  H1=LastValue(Ref(HHV(H,Lookback),-1));

  L1=LastValue(Ref(LLV(L,Lookback),-1));

  Plot(H1,"H1",colorYellow);

  Plot(L1,"L1",colorYellow);

  H=H0;L=L0;C=C0;O=O0;

  up=Cross(H,H1) AND Cum(1)>x1;

  dn=Cross(L1,L) AND Cum(1)>x1;

  Plot(C,"Close",IIf(Cum(1)>x1-Lookback AND Cum(1)<=x1,colorBlue,IIf

  (Up,colorBrightGreen,IIf( Dn,colorRed,colorBlack))),64);

  PlotShapes(shapeDownArrow*(Cum(1)==x1+1),colorBlue);


  _SECTION_END();



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