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Gold Fish for Amibroker (AFL)

Rating:
3 / 5 (Votes 4)
Tags:
trading system, amibroker

This is an excellent indicator for Intraday and positional Trading.

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Indicator / Formula

Copy & Paste Friendly
//GOLD FISH INTRADAY TRADING SYSTEM 
//By Abdul,realsenseindia@yahoo.com
//good for Equity, F&O, Currency and mcx.
//visit my website for suitable trading strategy for this Indicator.
k=MA(C,6)*0.04/100;
ab=(MA(H,Param("EF",39,6,100,1,0))+k);
ba=(MA(L,Param("EF",39,6,100,1,0))-k);
Plot(ab,"",colorBlue,styleLine);
Plot(ba,"",colorBlue,styleLine);
Color=IIf(C>ab,colorGreen,IIf(C<ba,colorRed,colorLightGrey));
Plot(C,"",color,styleBar|styleThick);

function Momentum( array, period )
{
  return array - Ref( array, -period );
}


XXX=Momentum(C,10);




Buy=xxx>0 AND C>ab;Short=xxx<0 AND C<ba;

Buy=ExRem(Buy,Short);
Short=ExRem(Short,Buy);
PlotShapes(IIf(Buy,shapeUpArrow,shapeNone) ,colorBrightGreen);

PlotShapes(IIf(Short,shapeDownArrow,shapeNone),colorRed);


 

7 comments

1. jawahar

5 star iam giving sir very good one one but this indicator repainting?

2. johnnypareek

No It does not repaint.

3. mrugen

pl give yr website

4. abdulkrehman

please visit www.realsenseindia.com

5. kv_maligi

This is matching with Tenken Kijunsen cross of the bars of ichimoku.
Well done & its good indicator.
One issue is : strength of the signal not known & profit booking/SL is missing

6. manuski

You add date at the bottom of chart. What date is it how to know?

7. Sivapratha@1

good one

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