Price Channels

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henry1224
Posts: 457
Joined: Wed Feb 24, 2016 12:04 pm

Price Channels

Post by henry1224 »

Didn't see them in the software or forum

CH:Ref(HHV(H,N),LB),Width2,ColorBlack;
CL:Ref(LLV(L,N),LB),width2,ColorBlack;
Mid:(CH+CL)/2,Crossdot,ColorBlack;

under the parameter tab

N double 1 1 300
LB double 1 1 100
henry1224
Posts: 457
Joined: Wed Feb 24, 2016 12:04 pm

Re: Price Channels

Post by henry1224 »

Here it is with channels marked in eighths

CH:Ref(HHV(H,N),LB),Width2,ColorBlack;
CL:Ref(LLV(L,N),LB),Width2,ColorBlack;
C87:(CH -CL)*.875 +CL,Crossdot,ColorYellow;
C75:(CH -CL)*.75 +CL,Crossdot,ColorRed;
C62:(CH -CL)*.625 +CL,Crossdot,ColorGreen;
C5:(CH -CL)*.5 +CL,Crossdot,ColorBlue;
C37:(CH -CL)*.375 +CL,Crossdot,ColorGreen;
C25:(CH -CL)*.25 +CL,Crossdot,ColorRed;
C12:(CH -CL)*.125 +CL,Crossdot,ColorYellow;


use the same parameters as the above indicator
henry1224
Posts: 457
Joined: Wed Feb 24, 2016 12:04 pm

Re: Price Channels

Post by henry1224 »

here is the newest version of Price channels in Eights with colorized zones

CH:Ref(HHV(H,N),LB),Width2,ColorBlack;
CL:Ref(LLV(L,N),LB),Width2,ColorBlack;
C87:=(CH -CL)*.875 +CL,ColorYellow;
C75:=(CH -CL)*.75 +CL,ColorRed;
C62:=(CH -CL)*.625 +CL,ColorGreen;
C5:(CH -CL)*.5 +CL,Crossdot,ColorBlue;
C37:=(CH -CL)*.375 +CL,ColorGreen;
C25:=(CH -CL)*.25 +CL,ColorRed;
C12:=(CH -CL)*.125 +CL,ColorYellow;
FILLRGN(1,CH,C87),ExtendLR,Brush#25FFFF00;
FILLRGN(1,C87,C75),ExtendLR,Brush#15FF0000;
FILLRGN(1,C75,C62),ExtendLR,Brush#5598FB98;
FILLRGN(1,C62,C5),ExtendLR,Brush#3000FFFF;
FILLRGN(1,C5,C37),ExtendLR,Brush#3000FFFF;
FILLRGN(1,C37,C25),ExtendLR,Brush#5598FB98;
FILLRGN(1,C25,C12),ExtendLR,Brush#15FF0000;
FILLRGN(1,C12,CL),ExtendLR,Brush#25FFFF00;


use the same parameters from the above indicators
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