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HiLo modified for Amibroker (AFL)
Rating:
3 / 5 (Votes 4)
Tags:
stop loss, kpl, trading system, amibroker
Trend-following “swing” system. Similar to kpl,but more flexible.
It’s better be used as stop-loss, or take profit.
The author of a code is OOO from Amisite.ru
Screenshots
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Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 | _SECTION_BEGIN("HiLo modified");K = Param("K",3,1,25,1,0);per = Param("per",6,1,10,1);filt = ATR(per)*k ; Lo = 0; Hi = H + 2*filt; for(i = 2; i < BarCount; i ++) { if(i == 2) trend[1] = 1; if(trend[i-1] == 1) { LoN = C[i] - filt[i]; if(LoN > Lo[i-1]) { Lo[i] = LoN; } else { Lo[i] = Lo[i-1]; } if(L[i] < Lo[i]) { trend[i] = 0; Hi[i] = L[i] + filt[i]; } else trend[i] = 1; } if(trend[i-1] == 0) { HiN = C[i] + filt[i]; if(HiN < Hi[i-1]) { Hi[i] = HiN; } else { Hi[i] = Hi[i-1]; } if(H[i] > Hi[i]) { trend[i] = 1; Lo[i] = H[i] - filt[i]; } else trend[i] = 0; } } Hi = IIf(!trend, Hi, Null); Lo = IIf(trend, Lo, Null); UpDw=Flip( Hi, Lo );Color = IIf(UpDw, colorRed, colorBlue); HiLoLine = IIf(UpDw, Hi, Lo); Plot(HiLoLine, "Hi Lo Line", Color, styleStaircase); _SECTION_END(); |
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GOOD ,,,,,,