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Chaloke Reaction Trend System for Amibroker (AFL)
Rating:
4 / 5 (Votes 7)
Tags:
amibroker, chaloke
A Simple Trend following trading system
“Buy on 1st Green color”
“Sell on 1st Red color”
Screenshots
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Indicator / Formula
Copy & Paste Friendly
/// Chaloke Reaction Trend System ///
XX=(H+L+C)/3;
BB=2*XX-H;
SS=2*XX-L;
HBOP=2*XX-2*L+H;
LBOP=2*XX-2*H+L;
color=IIf(BarsSince(Cross(H,Ref(HBOP,-1)))>
BarsSince(Cross(Ref(LBOP,-1),L)),colorRed , colorBrightGreen);
Plot(C,"",Color,64);
Plot(XX,"",colorYellow);
Plot(BB,"",colorLime);
Plot(SS,"",colorPink);
Plot(HBOP,"",colorGreen);
Plot(LBOP,"",colorDarkRed);
Title=Name()+" "+Date()+" "+EncodeColor(colorSkyblue)+" Chaloke RTS System "+EncodeColor(colorYellow)+" Vol="+NumToStr(Volume,1.0)+" "+" O="+Open+" H="+HHV(H,1)+" L="+LLV(L,1)+"
Close="+ Close+""+"("+numtostr((Close-ref(C,-1))/ref(c,-1)*100,1.2)+" %)";3 comments
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Thanks for sharing the indicator. When used for intraday 15 min charts you can simply mint.
I think this afl has already been posted. Haven’t searched but I already had it in my wisestocktrader folder.
Regards
Thanks Bonkers, I think i will leave it for now if you find it I will remove it.