Hi Ram Vel:

Thanks for this posting.

The Formula  URL link leads to a page that no longer exists.

However

The  Details URL link has all the necessary information.

 

Regards

 

Lionel

 

 

From: [email protected] [mailto:[email protected]] On Behalf Of 
ram vel
Sent: Wednesday, August 11, 2010 6:05 AM
To: [email protected]
Subject: Re: [amibroker] Donchian 4 week high, 2 week low plot

 

  


SEE HERE

ORIGINAL FORMULA BY R. Bertematto 

//Keywords: donchian channel

// Level: basic

// Flags: indicator

// Formula URL: http://www.amibroker.com/library/formula.php?id=285

// Details URL: http://www.amibroker.com/library/detail.php?id=285

//

//------------------------------------------------------------------------------

//

// This plots a Donchian Channel, similar to a Bollinger Band but based on

// highs and lows. Good for support/resistance.

//

//------------------------------------------------------------------------------

// Plots a 20 period Donchian channel

pds=

20; 

DonchianUpper =

HHV(Ref(H,-1),pds); 

DonchianLower = 

LLV(Ref(L,-1),pds); 

DonchianMiddle = (DonchianUpper+DonchianLower)/

2; 

 

Plot

(DonchianUpper,"DU",colorBlue,styleLine); 

Plot

(DonchianMiddle,"DM",colorGreen,styleLine); 

Plot

(DonchianLower,"DL",colorRed,styleLine); 

_SECTION_BEGIN

("Price"); 

SetChartOptions

(0,chartShowArrows|chartShowDates); 

_N

(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, 
Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )); 

Plot

( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | 
ParamStyle("Style") | GetPriceStyle() ); 

_SECTION_END

(); 

 

JUST ADD TIMEFRAME IN CORRECT WAY

ford

--- On Wed, 8/11/10, warbaby33x <[email protected]> wrote:


From: warbaby33x <[email protected]>
Subject: [amibroker] Donchian 4 week high, 2 week low plot
To: [email protected]
Date: Wednesday, August 11, 2010, 4:40 AM

  

Have been trying to plot the original Donchian 4 week/2 week system instead of 
the usual 20 period/10 period channels. However, every time I plot them, and go 
to the 'daily' chart, the chart seemed to be 'displaced' to the right? What am 
I doing wrong?

TimeFrameSet( inWeekly );
DHigh = Ref(HHV(H, 4), -1);
DLow = Ref(LLV(L, 2), -1);
TimeFrameRestore();

DHighW = TimeFrameExpand( DHigh, inWeekly );
DLowW = TimeFrameExpand( DLow, inWeekly );

Plot(C, "Price", colorBlack, styleCandle);
Plot(DHighW, "Weekly AvgLevel", colorGreen, styleThick );
Plot(DLowW, "Weekly AvgLevel", colorRed, styleThick );

I also tried,

DHigh = HHV(H, 4);
DLow = LLV(L, 2);

...but didn't get far. Any help please?

 



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