Download Ensign Volatility Stop For Amibroker (AFL)

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2 / 5 (Votes 3)

trading system, amibroker, stop loss

Submitted by morgen about 13 years ago

Submitted by esnataraj about 15 years ago

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_SECTION_BEGIN("Ensign Volatility Stop");
 
// Ensign Volatility Stop
// get the multiple of 9 period EMA of ATR_Ensign
k=Param("multiplication factor", 1,0.5,5,0.1);
 
period=k*9;
VS_raw = 2.5 * EMA(ATR(1), period);
 
// for longs, VS line is below price
loline = VS_below_price = HHV(Close, period) - VS_raw;
 
// for shorts, VS line is above price
hiline = VS_above_price = LLV(Close, period) + VS_raw;
between = IIf (C < hiline AND C > loline, 1, 0);
up = IIf(C > hiline OR (H > Ref(H, -1) AND H > hiline), 1, 0);
dn = IIf(C < loline OR (L < Ref(L, -1) AND L < loline), 1, 0);
upcond = IIf(between AND BarsSince(up) < BarsSince(dn) , 1, 0);
dncond = IIf(between AND BarsSince(dn) < BarsSince(up) , 1, 0);
upline = IIf(up OR upcond, loline, Null);
dnline = IIf(dn OR dncond, hiline, Null);
 
Plot(C, "", colorLightGrey, styleBar);
Plot(upline, "", colorRed, styleStaircase) ;
Plot(dnline, "", colorGreen, styleStaircase) ;
 
Buy=upline;
Sell=dnline;
Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);
 
PlotShapes(Buy*shapeUpArrow,colorGreen);
PlotShapes(Sell*shapeDownArrow,colorRed);

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Ensign Volatility Stop for Amibroker (AFL)
kaiji
over 15 years ago
Amibroker (AFL)

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