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TAZ Trading Method Exploration for Amibroker (AFL)
Rating:
3 / 5 (Votes 4)
Tags:
amibroker, exploration
This was originally developed by Tommy Beard and Joeoil.This indicator can be used to identify pullback in downtrend. This indicator can be used to adopt TAZ Swing Trading Method which is explained at http://www.swing-trade-stocks.com
Raj
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Indicator / Formula
Copy & Paste Friendly
TimeFrameSet(inWeekly); WeeklyTrend = MA(Close,10)< EMA(Close,30); TimeFrameRestore(); DailyFilter = H > Ref(H,-1) AND Ref(H,-1) > Ref(H,-2) AND (MA(Close,10)) < (EMA(Close,30)) AND Close < (EMA(Close,30)) AND Close > (MA(Close,10)) AND ADX(10) > 20 AND Close < (MA(Close,200)) AND Close > 10 AND (MA(Volume,60)) > 150000; Filter = DailyFilter AND TimeFrameExpand(WeeklyTrend,inWeekly);
3 comments
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Hello Admin,
Exploration not working.
Hello
The exploration works fine, but this afl is for finding stocks/ETF’s for short position.
If you want to use the afl to find stocks/ETF’s for long positions you just have to change the
symbol > and < with the opposite symbol.
Best regards
See: http://www.wisestocktrader.com/indicators/239-taz-trading-method-exploration