Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Chaloke Simple Trailing Stop for Amibroker (AFL)
Rating:
3 / 5 (Votes 7)
Tags:
amibroker, stop loss
Chaloke Simple Trailing Stop
Indicator / Formula
Copy & Paste Friendly
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 | _SECTION_BEGIN("Chaloke Simple Trailing Stop");///// Chaloke Simple Trailing Stop ///// Prd1=Param("ATR Period 1-20",4,1,20,1);//{Default = 4 Because most traders use 5} Prd2=Param("LookBack Period 1-20",11,1,20,1);//{Default = 11 Because most traders use 10} //{Green} {Start Long position when Close>Green} Green=HHV(LLV(L,Prd1)+ATR(Prd1),Prd2); //{Red} {Stop loss when Close<Red} RED=LLV(HHV(H,Prd1)-ATR(Prd1),Prd2); Color=IIf(C>Green ,colorBrightGreen,IIf(C < RED,colorRed,colorBlue)); Plot(Green,"Green",colorBrightGreen,styleLine); Plot(RED,"Red",colorRed,styleLine); Plot(C,"Chaloke Simple Trailing Stop System",Color,64); Plot(LLV(HHV(H,5)-ATR(5),6),"",colorBlack); Plot(LLV(HHV(H,5)-ATR(5),5),"",colorBlack); Plot(LLV(HHV(H,5)-ATR(5),4),"",colorBlack); Plot(LLV(HHV(H,5)-ATR(5),3),"",colorBlack);_SECTION_END(); |
2 comments
Leave Comment
Please login here to leave a comment.
Back
Hi BALLMDR,
How to use this system?
Regards,
what is this ?