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

RAJA_SAR for Amibroker (AFL)

Rating:
4 / 5 (Votes 2)
Tags:
trading system, amibroker

RAJA SAR RULES:
1. LONG RULE: CANDLE CLOSING BASIS 12 EMA SHOULD CROSSOVER ABOVE 34 EMA, RSI > 50, STOCHA > 50
2. SHORT RULE: CANDLE CLOSING BASIS 12 EMA SHOULD CROSSOVER BELOW 34 EMA, RSI < 50, STOCHA < 50

One can short either pullback towards 12/34 ema (based on certain rules) or can short in the next candle open after EMA crossover happens. Sell/Buy arrow comes to 12/34 EMA crossover. But do a RSI & STOCHA check before taking trade entry.

RSI RULES: NORMALLY RSI MOVES BETWEEN 20- TO 70 RANGE IN BEAR MARKET AND 50 TO 80+ IN BULL MARKET. SO TRAIL YOUR POSITIONS ACCORDINGLY.

STOCHA RULES: WHEN STOCHASTIC REACH TO 0, A BOUNCE IS EXPECTED SO TRAIL SHORTS CAREFULLY. WHEN STOCHASTIC REACH 100, THEN TRAIL LONGS CAREFULLY.

Time Frame: 30 minutes (Less whipsaws, more profit) verified for NIFTY.
You can do a back test (manual) and change the time frame for stock specific.
High volatile stocks requires higher time frame usage. Change accordingly.

Money management/intraday trade management is not covered here in this afl. Trader has to manage. In case if you have any questions, you can mail me rajapvt@gmail.com

Screenshots

Similar Indicators / Formulas

EMA crossover
Submitted by Ketan-0 about 13 years ago
Kase Peak Osc. V2 batu
Submitted by batu1453 almost 10 years ago
Kase CD V2batu
Submitted by batu1453 almost 10 years ago
Ichimoku
Submitted by prashantrdx almost 10 years ago
buy and sell two EMAS
Submitted by mundo0007 about 12 years ago
Adaptive Price Zone (APZ)
Submitted by AndrewThomas about 13 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("RAJASAR_4WISE_STOCK_TRADER");
/* RAJA SAR RULES:
1. LONG RULE: CANDLE CLOSING BASIS 12 EMA SHOULD CROSSOVER ABOVE 34 EMA, RSI > 50, STOCHA > 50
2. SHORT RULE: CANDLE CLOSING BASIS 12 EMA SHOULD CROSSOVER BELOW 34 EMA, RSI < 50, STOCHA < 50

One can short either pullback towards 12/34 ema (based on certain rules) or can short in the next candle open after EMA crossover happens. Sell/Buy arrow comes to 12/34 EMA crossover. But do a RSI & STOCHA check before taking trade entry. 

RSI RULES: NORMALLY RSI MOVES BETWEEN 20- TO 70 RANGE IN BEAR MARKET AND 50 TO 80+ IN BULL MARKET. SO TRAIL YOUR POSITIONS ACCORDINGLY.

STOCHA RULES: WHEN STOCHASTIC REACH TO 0, A BOUNCE IS EXPECTED SO TRAIL SHORTS CAREFULLY. WHEN STOCHASTIC REACH 100, THEN TRAIL LONGS CAREFULLY.

Time Frame: 30 minutes (Less whipsaws, more profit) verified for NIFTY. 
You can do a back test (manual) and change the time frame for stock specific.
High volatile stocks requires higher time frame usage. Change accordingly.

Money management/intraday trade management is not covered here in this afl. Trader has to manage. In case if you have any questions, you can mail me rajapvt@gmail.com
*/
SetChartOptions(0,chartShowArrows|chartShowDates);
SetChartOptions(2, chartWrapTitle ); 

_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", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 

Plot( EMA( C, 12 ), "EMA12", colorRed, styleLine ); 
Plot( EMA( C, 34 ), "EMA34", colorGreen, styleLine ); 

/*Sell = Short = Cross( EMA( Close, 34 ), EMA( Close, 12 )) AND (StochD(40 , 1, 1) < 50 ) AND (RSI(14) < 50);
Buy = Cover = Cross( EMA( Close, 12 ), EMA( Close, 34 )) AND (StochD(40 , 1, 1) > 50 ) AND (RSI(14) > 50);*/

Title = Title + ", RSI=" + RSI(14) + ", STOCHA=" + StochD(40 , 1, 1);

EmaSell = Cross( EMA( Close, 34 ), EMA( Close, 12 ));
EmaBuy = Cross( EMA( Close, 12 ), EMA( Close, 34 ));

AlertIf( EmaSell, "SOUND C:\\Windows\\Media\\ringout.wav", "Audio alert", 3 );
AlertIf( EmaBuy, "SOUND C:\\Windows\\Media\\ringin.wav", "Audio alert", 1 );

EmaBuy = ExRem( EmaBuy, EmaSell );
EmaSell = ExRem( EmaSell, EmaBuy ); 

shape = EmaBuy * shapeUpArrow + EmaSell * shapeDownArrow;
PlotShapes( shape, IIf( EmaBuy, colorGreen, colorRed ), 0, IIf( EmaBuy, Low-30, High+30));
_SECTION_END();

2 comments

1. vputcha

Hi,

Did check the AFL on Banknifty and Nifty Future on 11th Feb. 14 and found to be not happy as it hit the stop losses. May be the AFL have to be more sensitised. Thanks,
Vishnu Vandana

2. rsnerella

Vishnu Vandana, Have you traded only once? During non trending times and range day, no indicator gives you good profits. Follow all the signals and share the result.

Leave Comment

Please login here to leave a comment.

Back