Linkon Yellow Line
The ‘Linkon Yellow Line’ AFL could involve a specific indicator represented by a yellow line on charts. Utilizing the Amibroker data feed, it may analyze market trends or specific conditions represented by this yellow line, potentially serving as a visual aid for traders.
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_SECTION_BEGIN("Support & Resistance");
RSIperiod = 5; // Param("RSI p",3,14,30,1);
Percent = 5; // Param("ZIG %",8,9,15,1);
EMAperiod = 5; //Param("EMA p",4,5,10,1);
HHVperiod = 5; //Param("HHV p",3,5,10,1);
NumLine = 1; //Param("Num Lines",3,1,20,1);
Base = DEMA(RSI(RSIperiod),EMAperiod);
//GraphXSpace=0.5;
for( i = 1; i <= numline; i++ )
{
ResBase = LastValue(Peak(Base,Percent,i));
SupBase = LastValue(Trough(Base,Percent,i));
Plot(ValueWhen( ResBase==Base, HHV(H,HHVperiod) ), "Resist Level", colorRed, styleLine);
Plot(ValueWhen( supbase==Base, LLV(L,HHVperiod) ), "Support Level", colorGreen, styleLine);
}
//Title = Name() + "; " + Date() + ": Support & Resistance Levels using RSI: " + /*EncodeColor(colorGreen)+ "Support Levels are Green; "+EncodeColor(colorRed)+ "Resistance Levels are Red: "+EncodeColor(colorBlack)+*/ "Num lines ="+WriteVal(numline,1) ;
_SECTION_END();
SL = ( HHV( H, 26 ) + LLV( L, 26) )/2;
TL = ( HHV( H, 9 ) + LLV( L, 9 ) )/2;
Plot (sl,"kijun",colorWhite,styleThick);
Plot (TL,"9 ichi", colorYellow,styleThick);
Color_buy = IIf (Close > sl AND Close > TL, colorBlue, IIf (Close < sl AND Close < TL,colorRed,colorYellow));
Plot(C,"",color_buy,styleCandle);