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Camarilla Pivot as Trailing Stop Loss for Amibroker (AFL)

2 / 5 (Votes 1)

Here is an interesting trading system i would like to share. Generally people use Camarilla as Pivot Point levels for their intraday trading. How about using Camarilla Pivot as Trailing Stop for positional trading. We build this interesting trading system (Prototype) using the concept limit order backtesting. It is a simple long/short breakout trading system with no optimization variables.

The Buy/Sell rules are shown below

1)Measure Reference High for Buy Signal – i.e High when the Candle Closes above Camarilla Pivot.
2)Buy on Intraday any time if the price crosses Reference High on Intraday basis

1)Measure Reference Low for Short Signal – i.e Low when the Candle Closes below Camarilla Pivot.
2)Short on Intraday any time if the price crosses Reference low on Intraday basis

Here is a screenshot of how the indicator looks:
Camrilla-pivot-as-tsl

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1 Comments

1. culion

Have you evaluated the equity curve for this system?

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