Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

ADX System for Amibroker (AFL)

Rating:
2 / 5 (Votes 3)
Tags:
trading system, amibroker, exploration

ADX based buy and sell indicator.

Screenshots

Similar Indicators / Formulas

20 Day High Breakout
Submitted by ashokram1 over 12 years ago
Range Constriction
Submitted by davidh over 12 years ago
BULLISH SCAN
Submitted by moon almost 11 years ago
Three Line Net Bar And Tendency
Submitted by moapereira over 13 years ago
2 Day RSI filter/buy
Submitted by davemmm almost 14 years ago
Hilbert study
Submitted by realkaka almost 14 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("ADX Systems");
SetChartOptions(0,chartShowArrows|chartShowDates);
PositionSize = 300000;

range = Optimize("period", 14, 3, 100, 1);
MinTrendStrength = 10;
ADXVal = ADX(range);
PDIVal = PDI(range);
MDIVal = MDI(range);

TrendValidity = ADXVal >= MinTrendStrength AND ADXVal > Ref(ADXVal, -1) AND (Ref(ADXVal, -1) > Ref(ADXVal, -2) OR ADXVal > Ref(ADXVal, -2));
TrendStop = IIf(ADXVal > (Ref(ADXVal, -1)) AND Ref(ADXVal,-1) > (Ref(ADXVal, -2)), 0, 1);

BuyCond1 = PDIVal > MDIVal AND TrendValidity;
BuyCond2 = ADXVal > MDIVal AND PDIVal > ADXVal;
BuyCond3 = MDIVal > ADXVal;
Buy =  BuyCond1 AND (BuyCond2 OR BuyCond3);
Sell = TrendStop OR Cross(MDIVal, PDIVal);
Buy = ExRem(Buy, Sell);
Sell = ExRem(Sell, Buy);
BuyPrice = ValueWhen(Buy,C,1);
SellPrice = ValueWhen(Sell,C, 1);

ShortCond1 = MDIVal > PDIVal AND TrendValidity;
ShortCond2 = ADXVal > PDIVal AND MDIVal > ADXVal;
ShortCond3 = PDIVal > ADXVal;
Short = ShortCond1 AND (ShortCond2 OR ShortCond3);
Cover = TrendStop OR Cross(PDIVal, MDIVal);
Short = ExRem(Short, Cover);
Cover = ExRem(Cover, Short);
CoverPrice = ValueWhen(Cover,C,1);
ShortPrice = ValueWhen(Short, C ,1);

Filter = Buy OR Sell;

SetOption("NoDefaultColumns", True );
AddColumn( DateTime(), "Date", formatDateTime );
AddColumn(Open,"Open",1);
AddColumn(High,"High",1);
AddColumn(Low,"Low",1);
AddColumn(Close,"Close",1);

GraphXSpace = 10;
Plot( C, "Close", colorBlack, styleCandle );
Shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( Shape, IIf( Buy, colorGreen, colorRed ),0, IIf( Buy, L, H ) );
Shape2 = Cover * shapeHollowUpArrow + Short * shapeHollowDownArrow;
PlotShapes( Shape2, IIf( Cover, colorGreen, colorRed ),0, IIf( Cover, L, H ) );

Title = EncodeColor(colorRed) +  Name() + " - " + EncodeColor(colorBlue)+ Interval(2)  + " (Advanced ADX) " + "  - " + Date() +" - " + EncodeColor(colorBlue) +
"Open-"+ O +"  "+"High-"+ H +"  "+"Low-"+ L +"  "+ "Close-"+ C +"  "+ " Volume = "+WriteVal(V,1.0) + 
EncodeColor(colorLime)+
WriteIf (Buy , "\n" + "GO LONG / Reverse Signal at " + BuyPrice + "  ", "")+
WriteIf (Sell , "\n" + "EXIT LONG / Reverse Signal at " + SellPrice + "  ", "");
_SECTION_END();

0 comments

Leave Comment

Please login here to leave a comment.

Back