Positional Trades AFL

Nehal_s143

Well-Known Member
#1
i am small day trader, i found a strategy for positional trades on net, i want to create AFL for the same so that strategy can be tested

Condition 1. MACD (12,26,9) is Below Zero & Stochastic (20,5,5) has given negative cross over, plot sell signal if satisfy the condition & close below previous candle (day) low
Condition 2. MACD (12,26,9) is above Zero & Stochastic (20,5,5) has given positive cross over, plot buy signal if satisfy the condition & close above previous candle (day) high
I also want to add explore to above AFL so that we can scan and see which other stock meets above condition

my email id is [email protected]

Please help me out in writing this AFL

thanking you

Nehal
 

Xaero

Active Member
#2
I don't know afl and don't use amibroker but tested it in fchart. But is not very profitable. Only works in bull runs

In case it is any help: (Fcharts only)
mahist > 0 and slow%k > 50 and previous slow%k < 50 and low > previous low
mahist < 0 and slow%k < 50 and previous slow%k > 50 and low < previous low
 
Last edited:

Nehal_s143

Well-Known Member
#4
Dear Mr. Shiva

I have changed the color of arrows, see Nifty daily chart, on each signal we can make 200+ points easily.

sir please plot macd and stoch as well so that we can confirm the same on charts.


please add explore its missing.
 

Xaero

Active Member
#7
Maybe the question should be... can it be made faster?
As it signalled at buy at around 3300 , up from 2550 odd levels :)

thats 750 points move for confirmation of trend? :)
You might have to modify the MACD and Stoch values 'cause I got a buy at 2800.
 

Xaero

Active Member
#9
I did I got good buy signals around the bottom for most stocks. Isn't it working for you?
In the past year it hasn't been good so Buy and sell signals would give you losses but Sell and then buy should be profitable.
 
#10
I did I got good buy signals around the bottom for most stocks. Isn't it working for you?
In the past year it hasn't been good so Buy and sell signals would give you losses but Sell and then buy should be profitable.
This last rally has been so huge that every tom dick and harry system has made money. As for it working for me, I dont take positional trades.
Only intraday. I cannot tolerate the volatility involved in holding overnight :) Am a small time trader.
 

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