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#1 Selling Amibroker Plugin featuring:
ATR/Turtle Trading System for Amibroker (AFL)
about 13 years ago
This trading system was kindly provided by three_percent at amibroker yahoo groups and credit goes to him
It’ a trend channel finder that computes a tight channel by way of ATR. The lower the ATR, the tighter the channel. It checks for a trend that keeps on going up. Notice the half the ATR period checks. Also, it gets out if the ATR gets too big or it makes 25% for the trade. I’m just trying to find ways to improve the performance percentage wise.
Similar Indicators / Formulas
Indicator / Formula
// ATR/Turtle Script by Andrew Senft // // Backtester Options SetOption("AllowSameBarExit", False); SetOption("MaxOpenPositions", 4); PositionSize = - 25; // Optimization numbers ATRPeriod = Optimize("ATRPeriod", 15, 10, 50, 5); BuyThreshold = Optimize("BuyThreshold", .3, .1, .50, .05); BuySlope = Optimize("BuySlope", 1.08, 1.05, 1.10, .01); SellThreshold = Optimize("SellThreshold", .15, .1, .50, .05); ProfitPercent = Optimize("ProfitPercent", 25, 25, 35, 5); // Buy/Sell signals and prices Buy = Ref(ATR(ATRPeriod), - 1) < BuyThreshold AND Ref(Close, - 1) > Ref(Close, - 1 * ATRPeriod / 2) AND Ref(Close, - 1 * ATRPeriod / 2) > Ref(Close, - 1 * ATRPeriod) AND Ref(Close, - 1) / Ref(Close, - 1 * ATRPeriod) > BuySlope AND Ref(MA(Volume, 20), - 1) > 3000 AND// 300,000 volume or more Ref(Close, - 1) >= 2; // stocks over $2BuyPrice = Open; BeginATR = Ref(ValueWhen(Buy, ATR(ATRPeriod), 1), - 1); FilterBeginATR = ValueWhen(Buy, ATR(ATRPeriod), 1); Sell = Ref(ATR(ATRPeriod), - 1) > BeginATR + SellThreshold; SellPrice = Open; Buy = ExRem(Buy, Sell); Sell = ExRem(Sell, Buy); PositionScore = 100-Ref(ATR(ATRPeriod), - 1); ApplyStop(stopTypeProfit, stopModePercent, ProfitPercent, True, 0);
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Is this chart supposed to show any graph – or is it only for scan? It generates very few signals in scan.
Yeah its only a trading system.
This gives blank screen.. no bars or chart.
it’s scanning your data base for buy candidates but gives only very few results. don’t expect daily picks – even with a data base of more than 5.000 stocks it’s not finding a lot of buying opportunities. ATR Turtle picks mostly cheap stocks or penny stocks, so be aware of some trading risks.
Komunitas Modified for Amibroker (AFL)