Draw Support and Resistance - Draw Support and Resistance Options  Email this topic  Watch this topic  Print this topic » Normal Threaded

Previous Topic Next Topic

patoche		#1 Posted : Tuesday, March 8, 2005 8:29:39 AM(UTC)
Rank: Member Groups: Registered, Registered Users, Subscribers Joined: 2/19/2005(UTC) Posts: 17		Hello, I try to write a program which could draw supports and resistances, but i can't succeed. Thanks you for your help.
User Profile View All Posts by User View Thanks

	Wanna join the discussion?! Login to your Discussions forum accountor Register a new forum account.

Patrick		#2 Posted : Tuesday, March 8, 2005 10:13:04 PM(UTC)
Rank: Advanced Member Groups: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266 Was thanked: 1 time(s) in 1 post(s)		Hi, You never replied to the divergence post, did that work for you? Regarding the support and resistance line, do you more details available? What do you base these lines on, etc ... Patrick
User Profile View All Posts by User View Thanks

patoche		#3 Posted : Thursday, March 10, 2005 7:54:03 AM(UTC)
Rank: Member Groups: Registered, Registered Users, Subscribers Joined: 2/19/2005(UTC) Posts: 17		Hello, Thank you for the divergence exploration, because it was exactly what i want. For the support and resistance, i would like to draw horizontal lines with higher and lower of the week or of the month. I think it is better to choice the period. Best regards.
User Profile View All Posts by User View Thanks

Patrick		#4 Posted : Friday, March 11, 2005 3:13:39 PM(UTC)
Rank: Advanced Member Groups: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266 Was thanked: 1 time(s) in 1 post(s)		Alright this might be a little too basic but here is what I would start with : Period:=Input("Periods",1,50,5); HHV(H,Period); LLV(L,Period) Let me know how you would want to adjust this.
User Profile View All Posts by User View Thanks

patoche		#5 Posted : Tuesday, March 15, 2005 4:25:30 PM(UTC)
Rank: Member Groups: Registered, Registered Users, Subscribers Joined: 2/19/2005(UTC) Posts: 17		Hello, I think that it's better to draw the horizontal lines only from the peak (resistance) or the bottom (support) of the week. Best regards.
User Profile View All Posts by User View Thanks

Patrick		#6 Posted : Tuesday, March 15, 2005 4:32:07 PM(UTC)
Rank: Advanced Member Groups: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266 Was thanked: 1 time(s) in 1 post(s)		Alright then, why not start with : LastValue(Peak(1,H,5)); LastValue(Trough(1,L,5)); ...
User Profile View All Posts by User View Thanks

patoche		#7 Posted : Thursday, March 17, 2005 9:28:24 AM(UTC)
Rank: Member Groups: Registered, Registered Users, Subscribers Joined: 2/19/2005(UTC) Posts: 17		Hi Patrick, The idea is good, but there are too many horizontal lines on the screen. I prefer to limit the lines to 10 for example, and i would like to have the most important horizontal lines after a peak or a trough. Have a good day, Patrick.
User Profile View All Posts by User View Thanks

Patrick		#8 Posted : Friday, March 18, 2005 3:52:28 PM(UTC)
Rank: Advanced Member Groups: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266 Was thanked: 1 time(s) in 1 post(s)		Hi Patrick, I don't know if it is because of the huge migraine I have right now or something else but I don't understand how you could get more than 2 lines out of this indicator : LastValue(Peak(1,H,5)); LastValue(Trough(1,L,5)); Or did you use multiple retracement percentages? Patrick :mrgreen:
User Profile View All Posts by User View Thanks

patoche		#9 Posted : Saturday, March 19, 2005 9:37:29 AM(UTC)
Rank: Member Groups: Registered, Registered Users, Subscribers Joined: 2/19/2005(UTC) Posts: 17		Hello, Sorry, you have got reason :oops: Thanks for your help :lol:
User Profile View All Posts by User View Thanks

Users browsing this topic

Guest (Hidden)