Skip to main content

Intraday Swing Trading Strategy For Robo Traders for Amibroker (AFL)

joby Kumar over 8 years ago Amibroker (AFL)

  • Rating:
    3 / 5 (Votes 7)
  • Tags:
    amibroker, trading system

Best Intraday Swing Trading strategy For Robo Traders,Back testable, Compatible with any robo Software (Buy Sell Short Cover) clearly mentioned. Swing Calculated using high and low of min 9bars .Stoploss with Initial and trailing Has been Added.

Screenshots

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Best Intraday Strategy");
//AFl by Viatrades
// Created by viatrades team

	SetBarsRequired(sbrAll, sbrAll);
	SetPositionSize(1, spsShares);
	
	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 ) ) ));
	SetBarFillColor(IIf(C>O,colorDarkOliveGreen,IIf(C<=O,colorBrown,colorLightGrey)));
	Plot(C,"\nPrice",IIf(C>O,colorBrightGreen,IIf(C<=O,colorRed,colorLightGrey)),64|styleNoTitle,0,0,0,0);
	
	DT = DateTime();
	DN = DateNum();
	TN = TimeNum();
	
	function Asign(x)
	{
		y = Null;
		for(i = 0; i < BarCount; i++)
		{
			y[i] = x;
		}
		
		return y;
	}
	
	Slcalc = Param("Stop Loss %", 1,0, 100, 0.01)/100;
	SlType = ParamToggle("StopLoss Type", "Initial|Trailing", 0);
	
	DayStart = DN != Ref(DN, -1);
	Dayscalc = Ref(DayStart, -9);
	DaysMeas = Flip(DayStart, Dayscalc);
	DayEnd = Ref(DayStart, 1);
	
	BY = Asign(False);
	SL = Asign(False);
	SH = Asign(False);
	CV = Asign(False);
	
	HGHcalc = HHV(High, 5);
	LVLcalc = LLV(Low, 5);
	
	LVLScalc = Null;
	LVLTScalc = Null;
	
	LVLTSArray = Null;
	HVLTSArray = Null;
	
	BYPrsV = Null;
	SLPrsV = Null;
	SHPrsV = Null;
	CVPrsV = Null;
		
	LSLV = Null;
	SSLV = Null;
	LSL = Null;
	SSL = Null;
	
	CCntr = 1;
	
	for(i = 1; i < BarCount; i++)
	{
		if(CCntr == 1 && DayStart[i] == False)
		{
			LVLScalc = HGHcalc[i-1];
			LVLTScalc = LVLcalc[i-1];
		}
		
		LVLTSArray[i] = LVLScalc;
		HVLTSArray[i] = LVLTScalc;
		
		CCntr--;
		if(CCntr <= 0 || DayStart[i] == True)
		{
			CCntr = 1;
		}
	}
	
	Buy = High > LVLTSArray;
	Short = Low < HVLTSArray;
	
	Sell = Low < HVLTSArray;
	Cover = High > LVLTSArray;
	
	
	Buy = ExRem(Buy, Sell);
	Sell = ExRem(Sell, Buy);
	
	Short = ExRem(Short, Cover);
	Cover = ExRem(Cover, Short);
	
	BuyPrice = ValueWhen(Buy, IIf(Open > LVLTSArray, Open, LVLTSArray));
	ShortPrice = ValueWhen(Short, IIf(Open < HVLTSArray, Open, HVLTSArray));
	
	SellPrice = IIf(Sell && Open < HVLTSArray, Open, HVLTSArray);
	CoverPrice = IIf(Cover && Open > LVLTSArray, Open, LVLTSArray);
	
	LSL = BuyPrice - (BuyPrice * Slcalc);
	SSL = ShortPrice + (ShortPrice * Slcalc);
	
	if(SlType == True)
	{
		HHVBy = HighestSince(Buy, High);
		LLVSh = LowestSince(Short, Low);
		LSL = IIf(Buy, BuyPrice - (BuyPrice * Slcalc), HHVBy - (HHVBy * Slcalc));
		SSL = IIf(Short, ShortPrice + (ShortPrice * Slcalc), LLVSh + (LLVSh * Slcalc));
	}
	
	Sell = Sell || Low <= LSL;
	Cover = Cover || High >= SSL;
	
	
	Buy = ExRem(Buy, Sell);
	Sell = ExRem(Sell, Buy);
	
	Short = ExRem(Short, Cover);
	Cover = ExRem(Cover, Short);
	
	SellPrice = IIf(Sell && Low <= LSL && Open < LSL, Open, IIf(Sell && Low <= LSL, LSL, SellPrice));
	CoverPrice = IIf(Cover && High >= SSL && Open > SSL, Open, IIf(Cover && High >= SSL, SSL, CoverPrice));
	
	PlotShapes(IIf(Buy, shapeUpArrow, shapeNone), colorBrightGreen, 0, Low, -15, 0);
	PlotShapes(IIf(Sell, shapeStar, shapeNone), colorRed, 0, High, -15, 0);
	
	PlotShapes(IIf(Short, shapeDownArrow, shapeNone), colorOrange, 0, High, -35, 0);
	PlotShapes(IIf(Cover, shapeStar, shapeNone), colorTurquoise, 0, Low, -35, 0);
	
	LongTrue = Flip(Buy, Sell) || Sell;
	ShortTrue = Flip(Short, Cover) || Cover;
	
	Plot(LVLTSArray, "LVLTSArray", colorGrey50, styleStaircase|styleDashed);
	Plot(HVLTSArray, "HVLTSArray", colorGrey50, styleStaircase|styleDashed);
	
	Plot(IIf(LongTrue, BuyPrice, Null), "BuyPrice", colorYellow, styleDashed|styleStaircase, Null, Null, 0, 1, 1);
	Plot(IIf(LongTrue, LSL, Null), "Long Stoploss", colorCustom12, styleDashed|styleStaircase, Null, Null, 0, 1, 1);
	
	Plot(IIf(ShortTrue, ShortPrice, Null), "ShortPrice", colorYellow, styleDashed|styleStaircase, Null, Null, 0, 1, 1);
	Plot(IIf(ShortTrue, SSL, Null), "Short Stoploss", colorCustom12, styleDashed|styleStaircase, Null, Null, 0, 1, 1);
	
_SECTION_END();

6 comments

over 8 years ago

Now this is my favorite alf. Moreover which time frame is best for day trading and swing value.

Leave Comment

Please login here to leave a comment.