📄 de mark's range projection.afl
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//------------------------------------------------------------------------------
//
// Formula Name: De Mark's Range Projection
// Author/Uploader: Prakash Shenoi
// E-mail:
// Date/Time Added: 2006-08-09 06:59:19
// Origin: Based on De Mark's formula
// Keywords:
// Level: basic
// Flags: indicator,commentary
// Formula URL: http://www.amibroker.com/library/formula.php?id=671
// Details URL: http://www.amibroker.com/library/detail.php?id=671
//
//------------------------------------------------------------------------------
//
// De Mark's Range Projection based on market structure High, Low and close,
// takes into calculation the position of close in relation to Open and
// projects likely range of the High and Low for the next session.
//
//------------------------------------------------------------------------------
/*De Mark's Range Projection */
/* AFL code by Prakash Shenoi */
MaxGraph=3;
rph1=(H+C+2*L)/2-L;
rph2=(2*H+L+C)/2-L;
rph3=(H+L+2*C)/2-L;
rpl1=(H+C+2*L)/2-H;
rpl2=(2*H+L+C)/2-H;
rpl3=(H+L+2*C)/2-H;
rph=IIf((C<O),rph1,IIf((C>O),rph2,IIf((C=O),rph3,0)));
rpl=IIf((C<O),rpl1,IIf((C>O),rpl2,IIf((C=O),rpl3,0)));
Graph0=rph;
Graph1=rpl;
Graph2=C;
Graph0Style=Graph1Style=16+8;
Graph2Style=128;
Graph2Color=3;
Title=Name() + ", Close " + WriteVal(( Graph2 ),1.2)+ " DeMark's Range Projection - Proj-H " + WriteVal(( Graph0),1.2) + ", Proj-L " + WriteVal(( Graph1 ),1.2);
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