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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Trend Following System for Amibroker (AFL)
This is a simple long only trend following system. Just load it into the “Automatic Analysis” window and push “Scan”, “Back test” and “Report” to view the result.
By marcus – marcusdavidsson
Indicator / Formula
SetTradeDelays(0,0,0,0); SetPositionSize(10, spsPercentOfEquity ); SetOption("AllowSameBarExit" , True ); // If this option is not set true positions that are exited at the same bar remains Open SetOption("PriceBoundChecking", False); // This option must be set false in order to exit at specified stop price and NOT bar Close //LK=Optimize("Trend", 50, 30, 60, 10 ) ; //FF=Optimize("Trend", 20, 10, 40, 10 ) ; //StopLevel=Optimize("Stop",0.1,0.05,0.5,0.05 ) ; StopLevel = 0.2; LK=50; FF=10; A1= IIf( L> Ref(HHV( Close,LK),-5), 1, 0); A2= Sum( A1, LK ) ; A3= IIf(C>0, FF, 0); Buy = Cross(A2,A3); Sell = 0; trailARRAY = Null; trailstop = 0; for( i = 1; i < BarCount; i++ ) { if( trailstop == 0 AND Buy[ i ] ) { trailstop = High[ i ] * (1-stoplevel); } else Buy[ i ] = 0; // remove excess buy signals if( trailstop > 0 ) { trailstop = Max( High[ i ] * (1-stoplevel), trailstop ); trailARRAY[ i ] = trailstop; } if( trailstop > 0 AND Low[ i ] < trailstop ) { Sell[ i ] = 1; SellPrice[ i ] = trailstop; trailstop=0; } } PlotShapes(Buy*shapeUpArrow,colorBlue,0,Low); PlotShapes(Sell*shapeDownArrow,colorRed,0,High); Plot( Close,"Price",colorBlack,styleBar); Plot( trailARRAY,"trailing stop level", colorRed );
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