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Kelter Channel Dip Buying for Amibroker (AFL)

fewy about 15 years ago Amibroker (AFL)

  • Rating:
    5 / 5 (Votes 1)
  • Tags:
    trading system, amibroker

This system uses the kelter channel for dip buying.

Indicator / Formula

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keltner = EMA(C, 10);
band = ATR(10)*3;

Buy = Close >= Ref(Close, -1)
	AND Close < keltner
	AND Close > keltner - band;

Sell = Close > keltner;


// trade on next bar open
SetTradeDelays( 1, 1, 1, 1 );
BuyPrice = Open; 
SellPrice = Open;

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