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Quick Check for Uptrend Stock by Sosrodiningrat @2017 for Amibroker (AFL)

Rating:
3 / 5 (Votes 2)
Tags:
amibroker

You can quick check for better stock by judging the trend. Designed for long only.
By Sosrodiningrat @2017

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Indicator / Formula

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//Quick Check for Uptrend Stock by Sosrodiningrat @2017

initeq=Param("InitialEquity",1e6,1,1e8,1);
SetOption("InitialEquity",initeq);
SetOption("AllowSameBarExit",True);
SetTradeDelays(0,0,0,0);

Candlestick=ParamToggle("Candlestick","OFF|ON",0);
BuyPrice=O;
SellPrice=C;

Buy=Sell=1;
if(Candlestick==1){Plot(C,"",colorBlack,styleCandle);}
Plot(Equity(1),"",colorGrey50,styleLine|styleThick|styleOwnScale);
printf("\nEquity= "+Equity(1));
printf(" >>>> "+WriteIf((LastValue(Equity(1))/initeq)>1,"GOOD","BAD"));

{_N(Title = StrFormat(Name()+" - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Val(B)=%.2f Equity=%.f", O, H, L, C,SelectedValue(ROC(C,1)),SelectedValue(C*V/1e9),Equity()/1));}

GfxSetOverlayMode(1);
GfxSetBkMode(1); // transparent
GfxSelectFont("Tahoma", Status("pxheight")/10 );
GfxSetTextColor(IIf((LastValue(Equity(1))/initeq)>1,colorBlue,colorRed));
GfxTextOut(WriteIf((LastValue(Equity(1))/initeq)>1,"GOOD","BAD"),610,90);


//===============================================================

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