Smart Way for Amibroker (AFL)
kunaljs99 over 14 years ago Amibroker (AFL)
Simple way of trading just buy above green line and yellow line is medium term indicator above that it will blast one way and exit on red price
Indicator / Formula
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_SECTION_BEGIN("10 Day High Low System");
pds = Optimize("pds" ,10,2,25, 1);
CB = LLV(C,pds);
CS = HHV(C,pds);
mav = TEMA(C,50);
Plot(Ref(CB, -1),"Long setup",colorBrightGreen);
Plot(Ref(CS, -1),"Short setup",colorRed) ;
Plot(Ref(mav, -1),"MA", colorGold, styleThick) ;
Buy= C < Ref(CB,-1);
Buy = Ref(Buy,-1);
BuyPrice = O;
Sell = C > Ref(CS,-1);
Sell = Ref(Sell,-1) ;
SellPrice = O;
Buy = ExRem(Buy,Sell) ;
Sell = ExRem(Sell,Buy) ;
SetChartOptions( 0, chartShowDates) ;
GraphXSpace = 5;
Plot(C,"C",1, 64);
PlotShapes(IIf( Buy,shapeSmallUpTriangle, 0),colorWhite, layer = 0,
yposition = BuyPrice, offset = 0 );
PlotShapes(IIf( Sell,shapeDownArrow,0),colorYellow, layer = 0,
yposition = SellPrice, offset = 0 );
_SECTION_END();0 comments
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