bpdl trend filter for amibroker

#1
A little gift for you guys, here a Stephen Zodkovs indicator useful to identifies long or medium term trend in the market with overbought/oversold lines. :)
This is a conversion I personally made from metastock version. Hope it helps

BPDLTRENDFil=Cum((IIf((MA((C-Ref(C,-1)),21))>0,1,-1)* (MA((C-Ref(C,-1))^2,21)+1)^.5)+(((C-Ref(C,-1))^2)+1)^.5*IIf((C>Ref(C,-1)),1,-1));
bpdl=(BPDLTRENDFil-Ref(BPDLTRENDFil,-21))/(HHV(BPDLTRENDFIL,21)-LLV(BPDLTRENDFIL,21));
Plot(bpdl,"",colorRed,styleLine);
n=0.675;
n2=-n;
Plot(bpdl,"",colorRed,styleLine);
Plot(n,"",colorRed,styleLine);
Plot(-n,"",colorRed,styleLine);
 
#2
hI

CHECK THIS CHART AND SEE WHAT HAPPENS

scrip L&T
Timeframe 240minutes

oversold date 25 jan 2013 1315 hours price 1603
ovrbought date 4-2-2013 15 30 hours price 1544

Due to some problem I cant post the chart image.request others to do it.

Lesson Dont EVER NEVER use an indicator without knowing what it can do under different circumstance.



Can somebody point out a method to post chart images without going to attachments,as it says -your quota exceeds limits.
 

looser

Active Member
#3
hI

CHECK THIS CHART AND SEE WHAT HAPPENS

scrip L&T
Timeframe 240minutes

oversold date 25 jan 2013 1315 hours price 1603
ovrbought date 4-2-2013 15 30 hours price 1544

Due to some problem I cant post the chart image.request others to do it.

Lesson Dont EVER NEVER use an indicator without knowing what it can do under different circumstance.



Can somebody point out a method to post chart images without going to attachments,as it says -your quota exceeds limits.
use imgur.com or tinypic.com
 
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