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SAR [ STOP AND REVERSE] SYSTEM for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker
This 5DMA SAR System is not new to many of our friends , just want to share who don’t have it .
Rules are very simple for trading with this system . After hitting SAR value[Long/Short] you can reverse the trade with 20-30 point stoploss and hold until next reverse SAR value get’s breach .
You can add more filters like RSI , MACD , ROC etc. for fine tuning your trade and to reduce whipsaws. Try it and enjoy it.
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 | _SECTION_BEGIN("Price");SetChartOptions(0,chartShowArrows|chartShowDates);_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); _SECTION_END();_SECTION_BEGIN("Magnified Market Price");//by Vidyasagar, vkunisetty@yahoo.com// FS=Param("Font Size",30,11,100,1);GfxSelectFont("Times New Roman", FS, 700, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor( ParamColor("Color",colorBlack) ); Hor=Param("Horizontal Position",550,1,1200,1);Ver=Param("Vertical Position",1,1,830,1); GfxTextOut(""+C, Hor , Ver );YC=TimeFrameGetPrice("C",inDaily,-1);DD=Prec(C-YC,2);xx=Prec((DD/YC)*100,2);GfxSelectFont("Times New Roman", 11, 700, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor(ParamColor("Color",colorBlack) ); GfxTextOut(""+DD+" ("+xx+"%)", Hor , Ver+45 );_SECTION_END();/////////////////// 5DMA SAR ----- BY AMOL VAIDYA /////////////////////_SECTION_BEGIN(" 5DMA-SAR ");FS=Param("Font Size",30,11,100,1);GfxSelectFont("Times New Roman", FS, 700, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor( ParamColor("Color",colorBlue) ); Hor=Param("Horizontal Position",700,1,1200,1);Ver=Param("Vertical Position",1,1,830,1); YC=TimeFrameGetPrice("C",inDaily,-1);DFYC=TimeFrameGetPrice("C",inDaily,-2);DFYC1=TimeFrameGetPrice("C",inDaily,-3);DFYC2=TimeFrameGetPrice("C",inDaily,-4);SAR1=Prec((C+YC+DFYC+DFYC1+DFYC2)/5,5);GfxTextOut("SAR="+SAR1, Hor , Ver );_SECTION_END(); |
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Thank you very much amol007
THIS AFL NOT WORKING ON 5.40 VERSION. GIVE ME FEDBACK.THNX