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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Trend Following System for Amibroker (AFL)
This is a simple long only trend following system. Just load it into the “Automatic Analysis” window and push “Scan”, “Back test” and “Report” to view the result.
By marcus – marcusdavidsson
Indicator / Formula
SetTradeDelays(0,0,0,0);
SetPositionSize(10, spsPercentOfEquity );
SetOption("AllowSameBarExit" , True );
// If this option is not set true positions that are exited at the same bar remains Open
SetOption("PriceBoundChecking", False);
// This option must be set false in order to exit at specified stop price and NOT bar Close
//LK=Optimize("Trend", 50, 30, 60, 10 ) ;
//FF=Optimize("Trend", 20, 10, 40, 10 ) ;
//StopLevel=Optimize("Stop",0.1,0.05,0.5,0.05 ) ;
StopLevel = 0.2;
LK=50;
FF=10;
A1= IIf( L> Ref(HHV( Close,LK),-5), 1, 0);
A2= Sum( A1, LK ) ;
A3= IIf(C>0, FF, 0);
Buy = Cross(A2,A3);
Sell = 0;
trailARRAY = Null;
trailstop = 0;
for( i = 1; i < BarCount; i++ )
{
if( trailstop == 0 AND Buy[ i ] )
{
trailstop = High[ i ] * (1-stoplevel);
}
else Buy[ i ] = 0; // remove excess buy signals
if( trailstop > 0 )
{
trailstop = Max( High[ i ] * (1-stoplevel), trailstop );
trailARRAY[ i ] = trailstop;
}
if( trailstop > 0 AND Low[ i ] < trailstop )
{
Sell[ i ] = 1;
SellPrice[ i ] = trailstop;
trailstop=0;
}
}
PlotShapes(Buy*shapeUpArrow,colorBlue,0,Low);
PlotShapes(Sell*shapeDownArrow,colorRed,0,High);
Plot( Close,"Price",colorBlack,styleBar);
Plot( trailARRAY,"trailing stop level", colorRed );0 comments
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