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Chaloke Reaction Trend System for Amibroker (AFL)

Ayuraveda about 16 years ago Amibroker (AFL)

  • Rating:
    4 / 5 (Votes 7)
  • Tags:
    amibroker, chaloke
/// Chaloke Reaction Trend System ///

A Simple Trend following trading system

“Buy on 1st Green color”
“Sell on 1st Red color”

Screenshots

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

1. godisbogus
about 16 years ago

Thanks for sharing the indicator. When used for intraday 15 min charts you can simply mint.

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2. Bonkers
about 16 years ago

I think this afl has already been posted. Haven’t searched but I already had it in my wisestocktrader folder.

Regards

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