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Require to create Popup Alert AFL for Amibroker. I have draw the horizontal/trend line in so many stocks in multipal time frame (2 min, 5 min, 15min, 30 min, hrs. And daily) and whenever price will cross and close above (selected time candle) of horizontal/trend line then require “POPUP” alert and same think below the horizontal/trend line and close the price below the horizontal/trend. Here we present our 1.3 MB collection of AmiBroker AFL download link. Trend Blaster For Amibroker. Afl code amibroker afl. Trend blaster trading system afl in Title/Summary Trend Blaster Trading System This system is the preliminary development or a beta test of our flagship trading system Trend Blaster and is developed by us on Amibroker TM platform using some simple yet powerful trend following indicators. Highly Accurate All In One AFL identifies trend and support resistance levels and generates buy sell signals accordingly. Highly Accurate All In One AFL can be used in any time frame. To avoid false signals, Highly Accurate All In One AFL can be used with any lagging indicator like RSI, MACD, Stochastic to avoid false signals in sideways market. Super trend tracker - Largest database of free formulas, indicators, oscillators and trading systems for Amibroker (AFL), Metastock, eSignal (EFS), and NinjaTrader.
Best SuperTrend AFL- Multiple ATR
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The Best SuperTrend AFL is the one which combines different Buy and Sell trigger conditions to maximize profit potential and minimize possible losses.
Contents
Step 1: The Trading Idea
When same indicator is used with different parameters (usually in a multiple of 2 or 3), it reflects the price behavior in different time frames. This is because by increasing the period/factor, the indicator is able to capture more price data.
Step 2: Selecting Indicators- Multiple SuperTrend
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The default Supertrend indicator is a great tool to clearly identify trend. It is calculated by offsetting Average True Range (ATR) to create upper and lower band around prices. The direction of trend is decided by further using a stop-and-reverse trailing stop loss and then resetting the upper/lower bands when the TSL is breached.
We can further improvise Supertrend strategy by using two different SuperTrend indicators for generating trade signals. A Buy Entry trade is generated when both supertrend indicators are in uptrend. However, the Buy trade will be exited when either of the Supertrend goes in downtrend. American accent training ann cook mp3 free download. This helps in exiting fast from the market when the trend is not intact.
Chart Time Frame: 15 minutes
SuperTrend 1 (ST1): ATR Factor = 3, ATR Periods = 10. SuperTrend 2 (ST2): ATR Factor = 6, ATR Periods = 20.
Step 3: Defining Clear Strategy Rules
Buy: when both ST1 and ST2 indicate uptrend (both generate Buy signal at same time)
Sell: when either of ST1 or ST2 indicates downtrend
Step 4: AFL Coding Guide (Non-repainting)
For coding, we have simply duplicated the two ST indicators using different parameters. However, a very common problem is supertrend is that either that the signal is forward looking- that is, signal on current candle will be generated after next candle starts. As such, signal is never generated on last candle on the chart which makes it unfit for auto trading in some software.
To get rid of this problem, signals are shifted to the Open of a candle when it is confirmed. In backtest also, the trade prices are selected as Open of candle. For live trading also, the user should immediately trigger order when signal is generated.
Step 5: Backtesting for Best SuperTrend AFL
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The strategy increase profits by almost 70% by using two ATR values. When tested with both supertrend for same ATR Factor= 3, the strategy gives a profit 4343 points. But when two different ATR factors are used- 3 and 5- the profit increased to 7404. For one lot (75), the profit translates to Rs. 5,55,300. The ATR Period = 10 has been used in both case for testing purpose.
Related Article: Basics in Strategy Backtesting
- Scrip: Bank Nifty current month futures, 15-minute
- All trades executed at Open price of the bar on which signal is triggered
- Brokerage: 0.01% of Trade Value
- Time Frame: 15 minute
- Data History: 01-01-2014 to 31-12-2015 (two years)
- Strategy Optimization: None
Step 6: Further Improvement
We leave it to the readers to suggest any improvement in Step 2 and Step 3 which can increase the profitability. We can introduce custom stoploss as well as profit targets to further maximize the profitability. The developments for best SuperTrend AFL will only be limited by our own market knowledge.
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