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Trend-reversal system for Amibroker (AFL)

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Tags:
trading system, amibroker

This technique is primarily based on the theory of trend-reversal. What is this trend
reversal?
We know that after a steep rise in price that must reverse and come down. And also
after a steep fall in price that must reverse and go upward. This phenomena of price
movement occurs everyday in Intraday charts. This theory is called Trend-reversal.
Suppose a price chart is moving in upward direction, so you have to find out the point
after which the price should reverse and start to move downward.
Suppose a price chart is moving in downward direction, so you have to find out the
point after which the price should reverse and start to move upward.

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3 comments

1. johnnypareek

Prime system. crappppppppppp

2. ajeet

What you are doing man?
I have already uploaded it!
See here:
http://www.wisestocktrader.com/indicators/2853-buy-sell-stock
I got this afl from Khushi,she’s original distributor of this afl.

3. trader11

ya its prime system…they still sell this afl..

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