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Traders' Tips | NOV 2002
Traders’ Tips by Technical Analysis
Traders’ Tips by Technical Analysis TRADESTATION: AFFINE GEOMETRY In “Affine Geometry Of The Markets” in this issue, author Viktor Likhovidov describes how to calculate the projected affine price given the start and end points of a trendline. Here, we’ll present the EasyLanguage code for an affine price indicator based on Likhovidov’s ideas. The way the indicator is written, the start and end points of the trendlines are passed in as inputs to the indicator, and the actual input values used are shown in the chart. Note that each point is specified by a date, a time, and a price. (Another way of writing the indicator would be to obtain the start and end points by querying manually drawn trendlines.) The price multiplier and price shift values are also passed in as inputs.
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