Turtle Trading System Revision A for Amibroker (AFL)
I came across with this post No. 1191 by Karthik
Since we don’t have this afl in our library I thought it to share it with all.
(For convenience of display, I have changed the color codes, without disturbing the original code. One can download the original code from the above site.)
Trend trading system.
Weaknesses: lag and since volatility increases at the end of a trend, traders exits early.
Description: Indicator is used to keep track of a trade. Once a stop is hit, it waits for the next entry signal (short or long). Use on DAILY values only.
Algorithm: Lebeau recommends that an exits hangs from the HHV (long) or LLV (short) since the trade was triggered. Some traders use the highest close as the base for hanging the exit.
Submitted by cnbondre almost 6 years ago
- Visual ATR Stop Loss System
- ATR Stop Loss System
- trailing sl
- Ensign Volatility Stop
- Visualization of stoploss and profit in chart
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