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#1 Selling Amibroker Plugin featuring:
ATR Exit for Amibroker (AFL)
Another atr trading formula. hope u will like it with good improvement.
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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 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 | _SECTION_BEGIN ( "ATRtrading" ); SetChartBkColor ( colorBlack ) ; period = Param ( "Period" , 13, 1, 240, 1); mult = Param ( "Multiplier" , 1.7, 1, 240, 0.1); f= ATR (period); VS[0] = Close [0]; trend[0] = 0; HighC[0]=0; Lowc[0]=0; for ( i = period+1; i < BarCount ; i++ ) { vs[i] = vs[i-1]; trend[i] = trend[i-1]; highC[i] = HighC[i-1]; lowc[i] = lowc[i-1]; if ((trend[i]>=0) && ( C [i] <VS[i] )) { trend[i] =-1; HighC[i] = C [i]; lowc[i] = C [i]; } if ((trend[i]<=0) && ( C [i] >VS[i])) { trend[i]=1; HighC[i] = C [i]; lowc[i] = C [i]; } if (trend[i]==-1) { if ( C [i]<lowc[i]) lowc[i] = C [i]; VS[i]= lowc[i]+ (mult*f[i]); } if (trend[i]==1) { if ( C [i]>HighC[i]) HighC[i] = C [i]; VS[i]= HighC[i]-(mult*f[i]); } } Buy = Cross (Trend,0); Sell = Cross (0, Trend); Plot ( Close , "Close" , colorBlue , styleCandle ); Plot (VS, "Vol Stop" , IIf (trend==1,10,11 ), styleThick ); mkol = IIf ( Trend==1, 10, 11); Plot (5, "ribbon" , mkol, styleOwnScale | styleArea | styleNoLabel , 0, -5); // Weekly trend shape = Buy * shapeUpArrow + Sell * shapeDownArrow ; PlotShapes ( shape, IIf ( Buy , colorGreen , colorRed ), 0, IIf ( Buy , Low -f, High +f)); _SECTION_END (); //========================fib levels========================= StartBar= SelectedValue ( BarIndex ()); FinishBar = EndValue ( BarIndex () ); i = startbar; period = FinishBar - StartBar; Lo = LLV ( L ,period); Hi = HHV ( H ,period); Line0 = 0; Line1 = 0; Line2 = 0; Line3 = 0; Line4= 0; Line100 = 0; for ( i = startbar; i < finishbar; i++ ) { if ( EndValue ( C )< SelectedValue ( C )) { Line0 = EndValue (Lo); Line100 = EndValue (Hi); Line1 = Line0 + abs (Line100-Line0)*0.236; Line2 = Line0 + abs (Line100-Line0)*0.382; Line3 = Line0 + abs (Line100-Line0)*0.5; Line4 = Line0 + abs (Line100-Line0)*0.618; } else { Line100 = EndValue (Lo); Line0 = EndValue (Hi); Line1 =Line0 - abs (Line100-Line0)*0.236; Line2 = Line0 - abs (Line100-Line0)*0.382; Line3 = Line0 - abs (Line100-Line0)*0.5; Line4 = Line0 - abs (Line100-Line0)*0.618; } } //external fib lines begining fom selecetdbarindex() fib0= LineArray (startbar, Line0, finishbar, Line0, 0, 1); fib100 = LineArray (startbar, Line100, finishbar, Line100, 0, 1); // depth of middle lines n= round ((finishbar-startbar)/2); // middle lines fib1= LineArray ((finishbar-n), Line1, finishbar, Line1, 0, 1); fib2= LineArray ((finishbar-n), Line2, finishbar, Line2, 0, 1); fib3= LineArray ((finishbar-n), Line3, finishbar, Line3, 0, 1); fib4= LineArray ((finishbar-n), Line4, finishbar, Line4, 0, 1); Plot (fib0, "" , colorGreen ); Plot (fib100, "" , colorRed ); //Plot(fib1,"", colorYellow); Plot (fib2, "" , colorPink ); //Plot(fib3,"", colorOrange); Plot (fib4, "" , colorLightBlue ); _SECTION_END (); |
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It seems that the formula references FUTURE quotes.
If you backtest this system you may receive outstanding results
that CAN NOT be reproduced in real trading