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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Bollinger Bands Trading System Intraday for Amibroker (AFL)
Trading System for Bollinger Bands (especially for intraday data)
Good results for 5 , 3 and 1 minutes periods.
Indicator / Formula
///Mjoger Bollinger System 1.1
//best results for 5 - and 1 - minutes periods
Stop_Profit = Optimize( "profit point", 0, 0, 40, 1 );
BollingerPeriods = Optimize( "period bollinger", 16, 3, 25, 1 );
BollingerWidth = Optimize( "width bollinger", 3, 1, 4, 1 );
LevelAboveBandTop = Optimize( "above band", 50, 0, 100, 25 );
RSISIGNAL = Optimize( "rsi signal", 7, 2, 20, 1 );
ApplyStop(stopTypeTrailing, stopModePoint, Stop_Profit, 0, False, 0);
BuyShortPosition = Close>BBandTop(Close, BollingerPeriods,BollingerWidth ) || Open>BBandTop(Close, BollingerPeriods,BollingerWidth )
|| High>BBandTop(Close, BollingerPeriods,BollingerWidth );
//for backtesting = buy only one contract/share
PositionSize = MarginDeposit = 1;
BuyShortPositionPriceSignalPercent = 0;
diffCloseOpen = abs(Close-Open);
diffCloseBollingerTop = abs(Close-BBandTop(Close, BollingerPeriods,BollingerWidth ));
BuyShortPositionPriceSignalPercent = IIf( Close<BBandTop(Close, BollingerPeriods,BollingerWidth ) && Open<BBandTop(Close, BollingerPeriods,BollingerWidth ), 100,
(diffCloseBollingerTop /diffCloseOpen)*100
);
BuyLongPosition = Close<BBandBot(Close, BollingerPeriods,BollingerWidth ) || Open<BBandBot(Close, BollingerPeriods,BollingerWidth )
|| High<BBandBot(Close, BollingerPeriods,BollingerWidth );
BuyLongPositionPriceSignalPercent = 0;
diffCloseOpen = abs(Close-Open);
diffCloseBollingerBottom = abs(Close-BBandBot(Close, BollingerPeriods,BollingerWidth ));
BuyLongPositionPriceSignalPercent = IIf( Close<BBandBot(Close, BollingerPeriods,BollingerWidth ) && Open<BBandBot(Close, BollingerPeriods,BollingerWidth ), 100,
//else
(diffCloseBollingerBottom /diffCloseOpen)*100
);
BelowBollingerBand = BuyLongPositionPriceSignalPercent >= LevelAboveBandTop ;
AboveBollingerBand = BuyShortPositionPriceSignalPercent >= LevelAboveBandTop ;
Buy=BuyLongPosition && BelowBollingerBand && RSI(RSISIGNAL ) <40 ;
Sell=0;//RSI(RSISIGNAL ) > 90;
Short=BuyShortPosition && AboveBollingerBand && RSI(RSISIGNAL ) >80 ;
Cover=0;//RSI(RSISIGNAL ) < 10 ;
Plot( BBandTop(Close, BollingerPeriods,BollingerWidth ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
Plot( BBandBot(Close, BollingerPeriods,BollingerWidth ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorGreen, 0, Close, 0);
PlotShapes(IIf(Sell , shapeDownArrow, shapeNone),colorRed, 0, Close, 0);
PlotShapes(IIf(Short , shapeDownTriangle, shapeNone),colorBrightGreen, 0, Close, -5);
PlotShapes(IIf(Cover , shapeUpTriangle, shapeNone),colorBlue, 0, Close, -5);2 comments
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it is just a band…any signal?
could you plot/displaying the middle line?