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Intraday Swing Trading Strategy For Robo Traders for Amibroker (AFL)

Rating:
3 / 5 (Votes 7)
Tags:
amibroker, trading system

Best Intraday Swing Trading strategy For Robo Traders,Back testable, Compatible with any robo Software (Buy Sell Short Cover) clearly mentioned. Swing Calculated using high and low of min 9bars .Stoploss with Initial and trailing Has been Added.

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Indicator / Formula

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_SECTION_BEGIN("Best Intraday Strategy");
//AFl by Viatrades
// Created by viatrades team
 
    SetBarsRequired(sbrAll, sbrAll);
    SetPositionSize(1, spsShares);
     
    SetChartOptions(0,chartShowArrows|chartShowDates);
    _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
    SetBarFillColor(IIf(C>O,colorDarkOliveGreen,IIf(C<=O,colorBrown,colorLightGrey)));
    Plot(C,"\nPrice",IIf(C>O,colorBrightGreen,IIf(C<=O,colorRed,colorLightGrey)),64|styleNoTitle,0,0,0,0);
     
    DT = DateTime();
    DN = DateNum();
    TN = TimeNum();
     
    function Asign(x)
    {
        y = Null;
        for(i = 0; i < BarCount; i++)
        {
            y[i] = x;
        }
         
        return y;
    }
     
    Slcalc = Param("Stop Loss %", 1,0, 100, 0.01)/100;
    SlType = ParamToggle("StopLoss Type", "Initial|Trailing", 0);
     
    DayStart = DN != Ref(DN, -1);
    Dayscalc = Ref(DayStart, -9);
    DaysMeas = Flip(DayStart, Dayscalc);
    DayEnd = Ref(DayStart, 1);
     
    BY = Asign(False);
    SL = Asign(False);
    SH = Asign(False);
    CV = Asign(False);
     
    HGHcalc = HHV(High, 5);
    LVLcalc = LLV(Low, 5);
     
    LVLScalc = Null;
    LVLTScalc = Null;
     
    LVLTSArray = Null;
    HVLTSArray = Null;
     
    BYPrsV = Null;
    SLPrsV = Null;
    SHPrsV = Null;
    CVPrsV = Null;
         
    LSLV = Null;
    SSLV = Null;
    LSL = Null;
    SSL = Null;
     
    CCntr = 1;
     
    for(i = 1; i < BarCount; i++)
    {
        if(CCntr == 1 && DayStart[i] == False)
        {
            LVLScalc = HGHcalc[i-1];
            LVLTScalc = LVLcalc[i-1];
        }
         
        LVLTSArray[i] = LVLScalc;
        HVLTSArray[i] = LVLTScalc;
         
        CCntr--;
        if(CCntr <= 0 || DayStart[i] == True)
        {
            CCntr = 1;
        }
    }
     
    Buy = High > LVLTSArray;
    Short = Low < HVLTSArray;
     
    Sell = Low < HVLTSArray;
    Cover = High > LVLTSArray;
     
     
    Buy = ExRem(Buy, Sell);
    Sell = ExRem(Sell, Buy);
     
    Short = ExRem(Short, Cover);
    Cover = ExRem(Cover, Short);
     
    BuyPrice = ValueWhen(Buy, IIf(Open > LVLTSArray, Open, LVLTSArray));
    ShortPrice = ValueWhen(Short, IIf(Open < HVLTSArray, Open, HVLTSArray));
     
    SellPrice = IIf(Sell && Open < HVLTSArray, Open, HVLTSArray);
    CoverPrice = IIf(Cover && Open > LVLTSArray, Open, LVLTSArray);
     
    LSL = BuyPrice - (BuyPrice * Slcalc);
    SSL = ShortPrice + (ShortPrice * Slcalc);
     
    if(SlType == True)
    {
        HHVBy = HighestSince(Buy, High);
        LLVSh = LowestSince(Short, Low);
        LSL = IIf(Buy, BuyPrice - (BuyPrice * Slcalc), HHVBy - (HHVBy * Slcalc));
        SSL = IIf(Short, ShortPrice + (ShortPrice * Slcalc), LLVSh + (LLVSh * Slcalc));
    }
     
    Sell = Sell || Low <= LSL;
    Cover = Cover || High >= SSL;
     
     
    Buy = ExRem(Buy, Sell);
    Sell = ExRem(Sell, Buy);
     
    Short = ExRem(Short, Cover);
    Cover = ExRem(Cover, Short);
     
    SellPrice = IIf(Sell && Low <= LSL && Open < LSL, Open, IIf(Sell && Low <= LSL, LSL, SellPrice));
    CoverPrice = IIf(Cover && High >= SSL && Open > SSL, Open, IIf(Cover && High >= SSL, SSL, CoverPrice));
     
    PlotShapes(IIf(Buy, shapeUpArrow, shapeNone), colorBrightGreen, 0, Low, -15, 0);
    PlotShapes(IIf(Sell, shapeStar, shapeNone), colorRed, 0, High, -15, 0);
     
    PlotShapes(IIf(Short, shapeDownArrow, shapeNone), colorOrange, 0, High, -35, 0);
    PlotShapes(IIf(Cover, shapeStar, shapeNone), colorTurquoise, 0, Low, -35, 0);
     
    LongTrue = Flip(Buy, Sell) || Sell;
    ShortTrue = Flip(Short, Cover) || Cover;
     
    Plot(LVLTSArray, "LVLTSArray", colorGrey50, styleStaircase|styleDashed);
    Plot(HVLTSArray, "HVLTSArray", colorGrey50, styleStaircase|styleDashed);
     
    Plot(IIf(LongTrue, BuyPrice, Null), "BuyPrice", colorYellow, styleDashed|styleStaircase, Null, Null, 0, 1, 1);
    Plot(IIf(LongTrue, LSL, Null), "Long Stoploss", colorCustom12, styleDashed|styleStaircase, Null, Null, 0, 1, 1);
     
    Plot(IIf(ShortTrue, ShortPrice, Null), "ShortPrice", colorYellow, styleDashed|styleStaircase, Null, Null, 0, 1, 1);
    Plot(IIf(ShortTrue, SSL, Null), "Short Stoploss", colorCustom12, styleDashed|styleStaircase, Null, Null, 0, 1, 1);
     
_SECTION_END();

6 comments

1. bullsforever

many afl errors not plotting pls edit afl

2. administrator

What version of Amibroker are you using? I’m not seeing any errors.

3. MANIIS123

Now this is my favorite alf. Moreover which time frame is best for day trading and swing value.

4. luckytrader

Thanks!

5. Mohammedgazi

I am using amibroker 5.5 and facing a lot of errors in this afl

6. fannan2004

many afl errors AMIBROKER V5.3

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