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#1 Selling Amibroker Plugin featuring:
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Profit Trading system with Target and Stoploss for Amibroker (AFL)
Rating:
4 / 5 (Votes 13)
Tags:
trading system, amibroker
Modified with Target and Stoploss
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Indicator / Formula
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_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 ) ) ));
SD = StochD(8, 3, 3);
MH = MACD(8, 21) - Signal(8, 21, 5);
trendup = IIf(MH > 0 OR (MH > 0 AND MH > Ref(MH, -1)) AND RSI(3) >50 AND SD < 80 AND SD > Ref(SD, -1) AND ValueWhen(C,O<C), colorBlue, colorWhite);
trendcolor = IIf(MH < 0 OR (MH < 0 AND MH < Ref(MH, -1)) AND RSI(3) <50 AND SD > 20 AND SD < Ref(SD, -1) AND ValueWhen(C,O>C), colorRed, trendup);
Plot( C, "Close", trendcolor, styleCandle | styleThick );
_SECTION_END();
no=Param( "Swing", 5, 1, 55 );
res=HHV(H,no);
sup=LLV(L,no);
tsl=IIf(ValueWhen(IIf(C>Ref(res,-1),1,IIf(C<Ref(sup,-1),-1,0))!=0,IIf(C>Ref(res,-1),1,IIf(C<Ref(sup,-1),-1,0)),1)==1,sup,res);
Plot(tsl, _DEFAULT_NAME(), colorBlue, styleStaircase);
Buy = Cross(C,res) ;
Sell = Cross(sup,C) ;
_SECTION_END();
a=C;
g=(EMA(Close,3) * (2 / 4 - 1)-EMA(Close,5) * (2 / 6 - 1)) / (2 /4- 2 /6);
e=Ref(tsl,-1);
Buy = Cross(C,tsl) ;
Sell = Cross(tsl,C) ;
SellPrice=ValueWhen(Sell,e,1);
BuyPrice=ValueWhen(Buy,e,1);
Long=Flip(Buy,Sell);
Shrt=Flip(Sell,Buy );
Filter=Buy OR Sell;
Buy = Cross(C,tsl) ;
Sell = Cross(tsl,C) ;
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( shape, IIf( Buy, colorGreen, colorRed ),0, IIf( Buy, Low, High ) );
a1=Ref(tsl,-1);
dist = 0.8*ATR(1); //0.8
dist1 = 1.8*ATR(1); //1.2
for( i = 0; i < BarCount; i++ )
{
if( Buy[i] )
{
PlotText( "Buy:" + L[ i ] + "\nTgt: " + (a1[i]*1.005) + "\nSL: " + (tsl[i]*0.9975), i, L[ i ]-dist[i], colorLime);
}
if( Sell[i] )
{
PlotText( "Sell:" + H[ i ] + "\nT: " + (a1[i]*0.995) + "\nSL: " + (tsl[i]*1.0025), i, H[ i ]+dist1[i], colorBlack);
}
}15 comments
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sell signal colour light iruku.
This Signal is good. Now i want to add human voice alert. But I don’t how to add alert in the formula.
So I request to all member that please help me to add human voice alert when signal arrow is appear in the chart.
Regards
Soumen
Dear members,
This AFL is very useful for me and for this and i need human voice sound alert for more easy to work. So please please add sound alert for me
Thanks in advance
soumen bag
@soumen bag
Just add this code after line number 35, Thanks for indrajit_16
Please check your system for sell signals…. I think their is some problem with the stop loss and target…. For example on one of my stock it gave Sell: 441.4 SL 452.077 T: 439.293…. Buy calls are however working good..
Edit: I have modified the SL for sell calls by this multiplying it with 0.995 (temporary fix)…..
PlotText( "Sell:" + H[ i ] + "\nT: " + (a1[i]*0.995) + "\nSL: " + (tsl[i]*0.995), i, H[ i ]+dist1[i], colorOrange);Which is the best time for this formula kindly suggest i am trading SILVER but confuse which time has to use.
i think this indi is faulty. the signal is coming after the candle close but, the price is way ahead of the signaled call.
Dear Friends…….. Delete after Line Number 37…. and copy paste these codes..
Plz feel free to post ur valuable Feed Back… Thnak you
samkum : thanks but it gives me buy and sell different 0.25 amount , so short of amount .thanks dear
if u feel it is too short means.
try this
Replace this line
{if( Buy[i] ) PlotText( "SL " + L[ i ] * 0.9969, i, L[ i ]-dist[i], colorYellow );
if( Sell[i] ) PlotText( "SL " + H[ i ] * 1.0035, i, H[ i ]+dist1[i], colorYellow);
Dear Samkum,
If possible, please, make non repainting system, i mean that buy or close signals will show at close of bar.
Sry for my english. i hope u understand what i mean.
Hi
Good work dear friend,
I have spotted an error which if you can rectify, it would be great.
The Stop Loss moves away from price on several occasions when price breaches the level.
For Example :
Trade long at 100
Stop loss at 98
when price breaches 98, SL revises to 97.5 when bar gets completed.
In fact, in live markets, the trade is squared and reversed.
Please disallow change of stop loss in this fashion (i.e. SL can only move up from previous bar SL in case of Long Trade and cannot move down , and vice a versa)
Please post revised version.
Thanks,
MotaSheth
a normal system
This system is flawed… not easy to notice until you read carefully about how the entry prices are set:
e=Ref(tsl,-1);
SellPrice=ValueWhen(Sell,e,1);
BuyPrice=ValueWhen(Buy,e,1);
Is this system flawed because it’s looking back through data? Does anyone have a corrected version of it that they can post?