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#1 Selling Amibroker Plugin featuring:
BATS ( Beta-Adjusted Stop Loss ) for Amibroker (AFL)
Beta is a measure of the volatility of a stock compared with an index or average. Beta Adjusted Trailing Stop (BATS) was introduced in an article for Technical Analysis of Stocks & Commodities magazine in January 1997 by Thomas Bulkowski.
Ref: http://traders.com/documentation/feedbk_docs/1997/01/Abstracts0197/0197Bulkowski.html
By using Kaufman’s technique, Bulkowski computed the average daily high-low price range for the prior month, multiply by 2, and then subtract the result from the current low price. ( details here http://thepatternsite.com/stops.html )
Note: Higher-beta stocks have larger price declines compared with lower-beta stocks and require a larger stop-loss percentage to compensate for the increased volatility. A beta of 1.50 means that a stock tends to rise or fall 50% more than the ref Index.
Screenshots
Indicator / Formula
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 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 | _SECTION_BEGIN("BATS");// Ref: http://thepatternsite.com/stops.html & http://thepatternsite.com/stops.html// compute the average daily high-low price range for the prior month, multiply by 2, and then subtract the result from the current low price. dif=Ref(High,0)-Ref(Low,0);dif1=Ref(High,-1)-Ref(Low,-1);dif2=Ref(High,-2)-Ref(Low,-2);dif3=Ref(High,-3)-Ref(Low,-3);dif4=Ref(High,-4)-Ref(Low,-4);dif5=Ref(High,-5)-Ref(Low,-5);dif6=Ref(High,-6)-Ref(Low,-6);dif7=Ref(High,-7)-Ref(Low,-7);dif8=Ref(High,-8)-Ref(Low,-8);dif9=Ref(High,-9)-Ref(Low,-9);dif10=Ref(High,-10)-Ref(Low,-10);dif11=Ref(High,-11)-Ref(Low,-11);dif12=Ref(High,-12)-Ref(Low,-12);dif13=Ref(High,-13)-Ref(Low,-13);dif14=Ref(High,-14)-Ref(Low,-14);dif15=Ref(High,-15)-Ref(Low,-15);dif16=Ref(High,-16)-Ref(Low,-16);dif17=Ref(High,-17)-Ref(Low,-17);dif18=Ref(High,-18)-Ref(Low,-18);dif19=Ref(High,-19)-Ref(Low,-19);dif20=Ref(High,-20)-Ref(Low,-20);dif21=Ref(High,-21)-Ref(Low,-21); Sumdif=(dif+dif1+dif2+dif3+dif4+dif5+dif6+dif7+dif8+dif9+dif10+dif11+dif12+dif13+dif14+dif15+dif16+dif17+dif18+dif19+dif20+dif21)/22; Sumdifml=(Sumdif*1);Sumdifml2=(Sumdif*1.5); Sumdifml3=(Sumdif*2); Betastops=HHV(C,22) - Sumdifml;Betastops2=HHV(C,22) - Sumdifml2;Betastops3=HHV(C,22) - Sumdifml3;bsd=IIf(C>Ref(Betastops3,-1),1,IIf(C<Ref(Betastops3,-1),-1,0));bsn=ValueWhen(bsd!=0,bsd,1);colbs = IIf(bsn==1,colorGreen,colorRed); Plot(Betastops3, "BATS", colbs,ParamStyle("Style2",styleThick,maskAll)); _SECTION_END(); |
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nice!
good job bro
hi nilandri, i need assistance with how the afl write for transaction frequency , plis help thanks