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SAR [ STOP AND REVERSE] SYSTEM for Amibroker (AFL)
amol007
about 13 years ago
Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
amibroker

This 5DMA SAR System is not new to many of our friends , just want to share who don’t have it .
Rules are very simple for trading with this system . After hitting SAR value[Long/Short] you can reverse the trade with 20-30 point stoploss and hold until next reverse SAR value get’s breach .

You can add more filters like RSI , MACD , ROC etc. for fine tuning your trade and to reduce whipsaws. Try it and enjoy it.

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();

_SECTION_BEGIN("Magnified Market Price");
//by Vidyasagar, vkunisetty@yahoo.com// 
FS=Param("Font Size",30,11,100,1);
GfxSelectFont("Times New Roman", FS, 700, True ); 
GfxSetBkMode( colorWhite );  
GfxSetTextColor( ParamColor("Color",colorBlack) ); 
Hor=Param("Horizontal Position",550,1,1200,1);
Ver=Param("Vertical Position",1,1,830,1); 
GfxTextOut(""+C, Hor , Ver );
YC=TimeFrameGetPrice("C",inDaily,-1);
DD=Prec(C-YC,2);
xx=Prec((DD/YC)*100,2);
GfxSelectFont("Times New Roman", 11, 700, True ); 
GfxSetBkMode( colorWhite );  
GfxSetTextColor(ParamColor("Color",colorBlack) ); 
GfxTextOut(""+DD+"  ("+xx+"%)", Hor , Ver+45 );

_SECTION_END();


/////////////////// 5DMA SAR ----- BY AMOL VAIDYA /////////////////////
_SECTION_BEGIN(" 5DMA-SAR ");
FS=Param("Font Size",30,11,100,1);
GfxSelectFont("Times New Roman", FS, 700, True ); 
GfxSetBkMode( colorWhite );  
GfxSetTextColor( ParamColor("Color",colorBlue) ); 
Hor=Param("Horizontal Position",700,1,1200,1);
Ver=Param("Vertical Position",1,1,830,1); 
YC=TimeFrameGetPrice("C",inDaily,-1);
DFYC=TimeFrameGetPrice("C",inDaily,-2);
DFYC1=TimeFrameGetPrice("C",inDaily,-3);
DFYC2=TimeFrameGetPrice("C",inDaily,-4);
SAR1=Prec((C+YC+DFYC+DFYC1+DFYC2)/5,5);
GfxTextOut("SAR="+SAR1, Hor , Ver );

_SECTION_END();

2 comments

1. jayakumar1975

Thank you very much amol007

2. anandnst

THIS AFL NOT WORKING ON 5.40 VERSION. GIVE ME FEDBACK.THNX

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