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TAZ Trading Method Exploration for Amibroker (AFL)

123rajraj over 13 years ago Amibroker (AFL)

  • Rating:
    3 / 5 (Votes 4)
  • Tags:
    amibroker, exploration

This was originally developed by Tommy Beard and Joeoil.This indicator can be used to identify pullback in downtrend. This indicator can be used to adopt TAZ Swing Trading Method which is explained at http://www.swing-trade-stocks.com
Raj

Indicator / Formula

Copy & Paste Friendly
TimeFrameSet(inWeekly);
WeeklyTrend = MA(Close,10)< EMA(Close,30);
TimeFrameRestore();

DailyFilter = H > Ref(H,-1) AND Ref(H,-1) > Ref(H,-2) AND (MA(Close,10)) < (EMA(Close,30)) AND Close < (EMA(Close,30)) AND Close > (MA(Close,10)) AND ADX(10) > 20 AND Close < (MA(Close,200)) AND Close > 10 AND (MA(Volume,60)) > 150000;

Filter = DailyFilter AND TimeFrameExpand(WeeklyTrend,inWeekly);

3 comments

2. joeoil
over 13 years ago

Hello

The exploration works fine, but this afl is for finding stocks/ETF’s for short position.

If you want to use the afl to find stocks/ETF’s for long positions you just have to change the
symbol > and < with the opposite symbol.

Best regards

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3. parfumeur
over 13 years ago

See: http://www.wisestocktrader.com/indicators/239-taz-trading-method-exploration

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