Help..Amibroker forumla AFL for "Saintji's Going With The 60min Flow practice!!!"

actuaryinmaking · #11 11th October 2008, 09:28 AM

Quote:

Originally Posted by vvvv

i think people are not interested in the AFL as it doesnt give them buy/sell decisions....they want a ready made cookbok kind of indicator ehich will churn money for them,,so im deleting my AFL post.

4v,

Thanks for your efforts - as I keep saying...my idea of having AFL is purely limited to thoroughly understand the 60 mins method...beyond that is purely your efforts and luck...

..for some reason I believed, since Saintji has taken lots of pain explaining the method over 500+ pages, someone must have drawn the entire picture by coding it...

Needless to keep saying the request is not to churn money effortlessly..I am not sure why you keep saying about churning the money..being rich etc etc...everyone in this forum has a common goal of becoming a successful buddying trader...

rgds, Nisha

kenneth · #12 11th October 2008, 10:04 AM

Hi VVVV,

I don't know why you posted and deleted the AFL. Could you tell how far or close this AFL to the system? All that it need is to add/subtract the space required for Buy and Sell and a formule to add positions. You can write and didplay the buy and sell price Then you can scan the system every hour. and also have the initial loss calculated automatically and also the running profits. I am sure you can do it if you give it a try
Just an idea!!

Regards
Ken

pasha · #13 11th October 2008, 12:45 PM

ken, if you can post the buy and sell criteria here, I could write the afl if it is'nt too complicated.

sikandar · #14 11th October 2008, 02:00 PM

Quote:

Originally Posted by pasha

ken, if you can post the buy and sell criteria here, I could write the afl if it is'nt too complicated.

Hi
I am here attaching a afl which was written by one of our member abhay hi id in traderji is add.

vvvv · #15 11th October 2008, 03:26 PM

Quote:

Originally Posted by kenneth

Hi VVVV,

I don't know why you posted and deleted the AFL. Could you tell how far or close this AFL to the system? All that it need is to add/subtract the space required for Buy and Sell and a formule to add positions. You can write and didplay the buy and sell price Then you can scan the system every hour. and also have the initial loss calculated automatically and also the running profits. I am sure you can do it if you give it a try
Just an idea!!

Regards
Ken

i posted it so tht it may help people..i deleted it bcos people just dont want the AFL...they want sumthin more attached to it....yes i can put buy/sell , whetever is possible with the afl...the question is & this is the same thing i question myself everytime i see an indicator..."will it make me money"...if it doesnt i throw it out...its very simple...im not here to analyse stuff & write abt it & other 5 people cum & say thanks to me.....my sole purpose of entering stock markets is to make money only...i dont care if i have very little knowledge abt tech analysis as long as im making lots of money.i dont have the time & patience to sit down , write programs,,i dont need such multiple scans as there are a few selected stocks ive chosen for tracking.
the sole purpose of this AFL was to identify pivot points on the chart..thts it...wht u do later with tht is upto u....as far as im concerned i use this afl everytime i trade as it keeps me in the right side of the trend always.
this afl is the sole base for the kind of trading saint does...as far as im concerned i m goin to follow his style of trend trading..so this afl is useful for me...for others it may not be...

if any1 is interested i can post it again..
thnks for ur idea

sanjayt · #16 12th October 2008, 02:48 AM

Do post it again if u dont mind

vvvv · #17 12th October 2008, 04:36 AM

//Fractal up
fUp = (Ref(H,-2) > Ref(H, -4)) AND
(Ref(H,-2) > Ref(H, -3)) AND
(Ref(H,-2) > Ref(H, -1)) AND
(Ref(H,-2) > H);
var1=ValueWhen(fUp ,Ref(H,-2) ,1);
FractalUp=HighestSince(var1 > 0, var1, 1);
//Plot(FractalUp, "F+",ParamColor( "F+ Color", colorCycle ) , styleLine);

FUpBuyPrice = FractalUp ;
FUpHit = FUpBuyPrice <= H AND FUpBuyPrice >= L;
FUpSignalOn = Flip(Ref(FractalUp,-1) != FractalUp, FUpHit);

//Looks into the future. This is done only to display Fractal arrow at the right bar.
//The calculation of the fractal up is done without looking into the future.
PlotShapes(IIf(Ref(FractalUp,2) != Ref(FractalUp,1), shapeSmallUpTriangle, shapeNone), colorRed,0,Ref(FractalUp,2), 10);

//Fractal Down

var2=
(Ref(L,-2) <= Ref(L, -1)) AND
(Ref(L,-2) <= Ref(L, 0)) AND
(Ref(L,-2) <= Ref(L, -3)) AND
(Ref(L,-2) <= Ref(L, -4));
FractalDown=ValueWhen(var2, Ref(L,-2), 1);

FDownSellPrice= FractalDown;
FDownHit = FDownSellPrice <= H AND FDownSellPrice >= L;
FDownSignalOn = Flip(Ref(FractalDown,-1) != FractalDown, FDownHit );

//Plot(FractalDown, "F-", ParamColor( "F- Color", colorCycle ), styleLine);
//Looks into the future. This is done only to display Fractal arrow at the right bar.
//The calculation of the fractal up is done without looking into the future.
PlotShapes(IIf(Ref(FractalDown,2) != Ref(FractalDown,1), shapeSmallDownTriangle, shapeNone), colorLime,0,Ref(FractalDown,2), 10);

kirubanandan · #18 22nd November 2008, 11:03 AM

This formula may alter the existing buy / sell (Meaning past buy /sell) position shall change based on the future price movements... reliability is low

tanewbie · #19 22nd November 2008, 12:34 PM

Fractals trading system with money management.
Best to use in 15 mins TF for intra.

SetChartBkColor(47);

SetChartOptions(1,chartShowDates);

_SECTION_BEGIN("POS SIZE");
cap = Param("Capital", 0,100000, 5000000, 50000 );
risk = Param("Max. Risk",0.0025, 0.005, 0.02, 0.0025 );
/*The following builds Fractal Up*/

var1=ValueWhen(

(Ref(H,-2) > Ref(H, -4)) AND

(Ref(H,-2) > Ref(H, -3)) AND

(Ref(H,-2) > Ref(H, -1)) AND

(Ref(H,-2) > H), Ref(H,-2),1);

FractalUp=HighestSince(var1>0,var1,1);
Plot(FractalUp,"Res",colorRed,8);

/*The following builds Fractal Down*/

var2=

(Ref(L,-2) <= Ref(L, -1)) AND

(Ref(L,-2) <= Ref(L, 0)) AND

(Ref(L,-2) <= Ref(L, -3)) AND

(Ref(L,-2) <= Ref(L, -4));

FractalDown=ValueWhen( var2,Ref(L,-2),1);
Plot(FractalDown,"Supp",colorGreen,8);
a=LLV(L,3);
a1=HHV(H,3);
TimeFrameRestore();

Plot(C,"",colorBlack,styleCandle);

_SECTION_BEGIN("Volume"); Plot( Volume, "Volume", ParamColor("Color", colorLavender ), styleNoTitle | ParamStyle( "Style", styleHistogram | styleOwnScale | styleThick | styleNoLabel, maskHistogram ), 5 );

tn = TimeNum();
dn = DateNum();
u = ValueWhen( tn<105500, HighestSince(dn!=Ref(dn,-1), H ));
w = ValueWhen( tn<105500, LowestSince(dn!=Ref(dn,-1), L ));
Longtgt=u+(u-w);
Shrttgt=w-(u-w);
Cond13=PDI()>MDI();

Title = Date()+" "+ Interval(format=2)+" "+Name()+" "+"O "+WriteVal(O)+" "+"H "+WriteVal(H)+" L"+WriteVal(L)+" C "+WriteVal(C)+EncodeColor(colorRed)+" Lot Size "+WriteVal(RoundLotSize,1.0)+" Margin"+WriteVal(MarginDeposit,1.0)+"\n"
+EncodeColor(colorGreen)+" Buy above "+WriteVal(FractalUp,1.2)+" Stop "+WriteVal(FractalDown,1.2)+ "\n"+EncodeColor(colorBlue)+" Sell below "+WriteVal(FractalDown,1.2)+ " Stop "+WriteVal(FractalUp,1.2)+
"\n"+" Trade risk based on fractals Rs "+ WriteVal((FractalUp-FractalDown),1.0)+ " Position Size based on " + WriteVal(risk*100,1.2)+ " % risk = " + WriteVal((cap*risk)/(FractalUp-FractalDown),1.0)+ "shares"+
"\n"+ EncodeColor(colorGreen)+" ADX is "+ WriteIf(Cond13,"BULLISH","BEARISH ")+
"\n"+EncodeColor(colorBlue)+
"\n"+"2 bar Long stop " +WriteVal(a,1.2)+EncodeColor(colorRed)+" 2 bar Short stop "+WriteVal(a1,1.2)+
"\n"+EncodeColor(colorGreen)+ " ORB Long Breaout "+WriteVal(u,1.2)+" Target "+ WriteVal(Longtgt,1.2)
+"\n"+EncodeColor(colorRed)+" ORB Short breakout "+WriteVal(w,1.2)+" target "+ WriteVal(Shrttgt,1.2);

The Following 3 Users Say Thank You to sikandar For This Useful Post:
actuaryinmaking (11th October 2008), learn2trade08 (12th October 2008), nshop1 (25th October 2008)

The Following 2 Users Say Thank You to vvvv For This Useful Post:
dnjadeja (25th October 2008), shekarj (21st October 2008)

The Following User Says Thank You to tanewbie For This Useful Post:
debdeeps (28th November 2008)