Guppy Count Back
Guppy Count Back, an essential feature within Amibroker AFL, encompasses a methodology that assesses historical price data from the Amibroker data feed. This system aims to identify potential entry or exit points based on trend analysis. By utilizing a combination of moving averages and market dynamics, Guppy Count Back assists traders in making informed decisions, enhancing their ability to navigate changing market conditions effectively.
/_SECTION_BEGIN("GUPPY COUNT BACK orig");
MASK= ParamStyle("MASK",styleCandle, maskPrice);
barcolor = IIf(C > Ref(C,-1), ParamColor("Up Color",colorBrightGreen), IIf(C ==Ref(C,-1),colorOrange, ParamColor("Dn Color",colorOrange)));
Plot( C, "Close", barcolor,MASK);
H1=0;
L1=0;
H2=0;
L2=0;
H3=0;
L3=0;
for( i = BarCount-20; i < BarCount; i++ )
{
if(H[i]>H[i-1])
{ H1=H[i];L1=L[i] ;H1bar=i;
for( j = H1bar-20; j < H1bar; j++ )
{
if(H[j] Ref(C,-1), ParamColor("Up Color",colorBrightGreen), IIf(C ==Ref(C,-1),colorOrange, ParamColor("Dn Color",colorOrange)));
//Plot( C, "Close", barcolor,MASK);
H1=0;
L1=0;
H2=0;
L2=0;
H3=0;
L3=0;
for( i = BarCount-20; i < BarCount; i++ )
{
if(L[i]L1 AND H[j]>H1)
{ L2=L[j];H2=H[j] ;L2bar=j;
for( k = L2bar-20; k < L1bar; k++ )
{
if(L[k]>L2 AND H[k]