Stock Portfolio Organizer
The ultimate porfolio management solution.
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Highest High 50 and 25 with Lowest low 50 and 25 for Amibroker (AFL)
This is the band that I often see in Andreas Clenow’s posts. I couldn’t find a similar system for my free online charting program so I made one for my amibroker.
Basically the system is tuned towards breakouts with the 50-day high and used with an ATR position sizing and stop loss strategy based on what I keep on reading from Mr. Clenow’s posts and free articles.
Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 | P1 = Param ( "Highest High 50" , 50, 2, 200, 1, 0); C1 = ParamColor ( "HH50 Color" , colorBlue ); L1 = HHV ( H ,P1); P2 = Param ( "Lowest Low 50" , 50, 2, 200, 1, 0); C2 = ParamColor ( "LL50 Color" , colorRed ); L2 = LLV ( L ,P2); P3 = Param ( "Highest High 25" , 25, 2, 200, 1, 0); C3 = ParamColor ( "HH25 Color" , colorLightGrey ); L3 = HHV ( H ,P3); P4 = Param ( "Lowest Low 25" , 25, 2, 200, 1, 0); C4 = ParamColor ( "LL25 Color" , colorLightOrange ); L4 = LLV ( H ,P4); Plot (L1, "HHV 50 (HH 50)" , C1, styleLine ); Plot (L2, "LLV 50 (LL 50)" , C2, styleLine ); Plot (L3, "HH25 Color" , C3, styleLine ); Plot (L4, "LL25 Color" , C4, styleLine ); |
0 comments
Leave Comment
Please login here to leave a comment.
Back