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Colour based system for Amibroker (AFL)
konidena
almost 13 years ago
Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
trading system, amibroker, exploration

From S&C Magazine of July 2011

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("colour based system");
// color chart code 
Range = 10; 
P2 = C; 
V2 = V; 
P1 = Ref( C, -Range ); 
V1 = Ref( V, -Range ); 

Color = IIf( P2 > P1 AND V2 > V1, colorGreen, 
        IIf( P2 > P1 AND V2 < V1, colorBlue, 
        IIf( P2 < P1 AND V2 < V1, colorOrange, 
        /*else*/ colorRed ) ) ); 

Plot( Volume, "Volume", Color, styleHistogram | styleThick ); 

// color exploration code 
Filter = BarIndex() > Range; 
AddColumn( P2, "P2" ); 
AddColumn( V2, "Vol2", 1.0 ); 
AddColumn( Ref( DateTime(), -Range ), "Date P1", formatDateTime ); 
AddColumn( P1, "P1" ); 
AddColumn( V1, "Vol1", 1.0 ); 
AddColumn( 100 * (P2-P1)/P1, "Price delta%" ); 
AddColumn( 100 * (V2-V1)/V1, "Vol delta%" ); 
AddTextColumn( "", "V2 Color", 0, colorDefault, Color ); 

// system code 
SetTradeDelays( 1, 1, 1, 1 ); // realistic delays 
SetOption("ActivateStopsImmediately", True ); 
BuyPrice = Open; 
SellPrice = Open; 
Buy = Color == colorGreen OR Color == colorBlue; 
Sell = False; // only use stops for exit 
ApplyStop( stopTypeTrailing, stopModePercent, 1 ); 
_SECTION_END();

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