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Popular Indicators

Swing Trading System for Amibroker (AFL)

3 / 5 (Votes 5)

Very simple formula but nice results.
Buy above High and Sell below Low
Green line is Trailing Stop loss line

Here is a screenshot of how the indicator looks:
Myswing

Similar Formulas

Formula

5 Comments

yes it is simple but, it does alot, thanks dear for sharing

I’m confused why would you BUY above High and Sell below Low ??

Dick

This formula looks really good but the question is what is meant under high and low?
I think buy/sell should be done after appearance of the relevant arrow..
Am I right? )

Check crossovers, red line is on top = market is bullish, Red line is on bottom = market is on bearish.

(I’m confused why would you BUY above High and Sell below Low ??)

For breakout

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