AJDX System for Amibroker (AFL)
kaiji over 16 years ago Amibroker (AFL)
This is a trading system based on the ADX line and should only be used as a basic exploration to determine the direction of a trend. The Buy indicator is of most value and changes to fixed variables can be done to fit different markets.
Author Jaco Jonker
Indicator / Formula
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ct = 100;
resa = PDI(14)/MDI(14);
maxp = HHV(PDI(14),ct);
minp = LLV(PDI(14),ct);
maxm = HHV(MDI(14),ct);
minm = LLV(PDI(14),ct);
area1 = maxp - minm;
area2 = maxm - minp;
dif1 = PDI(14) - MDI(14);
dif2 = MDI(14) - PDI(14);
Buy = dif2 < Ref(dif2,-1)
AND dif2/area2 > 0.75
AND Ref(Close,-ct) > 1
AND (Sum(V,5)/5) > 100000
AND Close > 10;
Sell = dif1 < Ref(dif1,-1)
AND dif1/area1 > 0
OR Low < (HighestSince(Buy,High,1)*0.95);
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