Price Projections

[pitrader 10]

I have a project that I need help coding.

 

I have 2 MA’s one slow and one fast.

 

The slow MA is displaced back 3 periods with a TL extension the code for it is below.

 

Let’s assume that the market has been falling and the fast MA [1] is < the

 

slow MA [1] and the market makes a low.

 

Now the market is beginning to go up, the fast MA turns up and the fast MA [1] is

 

now > the slow MA’s extension [1]. What I need is to have 2 horizontal lines

 

appear on the chart when the fast MA crosses (on a closing basis) the TL

 

extension of the slow MA.

 

Measuring the distance from the low that the market just made to the intersection

 

of the fast MA and the TL extension of the slow MA and project that distance

 

upwards from the intersection 200% and the other line at 250%.

 

Right now all I need is this in one direction I can reverse the code once I see it

 

and make any alterations necessary.

 

I will try to post a picture of it to clarify.

 

 

This will help me immensely.

 

Thanks loads

 

Pi

 

 

 

 

inputs:

Price( (high+low)/2),

Length( 20),

Displace( 3) ;

 

variables:

AvgWtd( 0 ) ,

TL (-1);

if Displace >= 0 or CurrentBar > AbsValue( Displace ) then

begin

AvgWtd = WAverage( Price, Length ) ;

Plot1[Displace]( AvgWtd, "AvgWtd" ) ;

 

Once TL=TL_New(Date,Time,0,Date,Time,0);

 

 

 

TL_SetEnd(TL,Date[Displace+0],Time[Displace+0],Plot1 [Displace+0] );

 

TL_SetBegin(TL,Date[Displace+1],Time[Displace+1],Plot1[Displace+1]);

 

TL_SetExtRight(TL,true) ;

 

TL_SetStyle(TL, tool_dotted);

 

TL_SetColor(TL, color.white);

 

end;

Noname1.zip