Exploration AFL for daytrading

sahil79

Active Member
#1
Hi friends, I wish to get a explore afl which I can use in the evening to decide and select stocks for next morning intraday trading. Secondone, while trading intraday, it's so challanging to check up the status of all the stocks one by one. I wish to explore all stock every 30 minutes to get long/short indication.
thanx in advance
 

singhboy

Active Member
#2
selecting stocks for next day depends on ur conditions. Every1 has his/her own trading style risk profile. I use many afls, but my fav one is
H3 = HHV(H, 3) == H;

Filter = H3;

SetOption("NoDefaultColumns", True);

AddTextColumn(Name(), "Symbol");
AddColumn(DateTime(), "Date", formatDateTime);
AddColumn(C, "CMP", 1.2);


Filter = H3 AND V > 100000 AND C > 200 ;

Now among the filtered stocks, choose 20-25 stocks which closed near highs or which hav chance to cross todays high price on next day. On next day, go long abv yesterdays high price with sl little below ur entry price.
 

sahil79

Active Member
#3
selecting stocks for next day depends on ur conditions. Every1 has his/her own trading style risk profile. I use many afls, but my fav one is
H3 = HHV(H, 3) == H;

Filter = H3;

SetOption("NoDefaultColumns", True);

AddTextColumn(Name(), "Symbol");
AddColumn(DateTime(), "Date", formatDateTime);
AddColumn(C, "CMP", 1.2);


Filter = H3 AND V > 100000 AND C > 200 ;

Now among the filtered stocks, choose 20-25 stocks which closed near highs or which hav chance to cross todays high price on next day. On next day, go long abv yesterdays high price with sl little below ur entry price.

thanx bro for ur reply, which time frame do u use to explore it and when u use it??
I mean in the evening for next day trading or during trading time?
thanx in advance
regards
santosh
 

sahil79

Active Member
#5
On evening to pick sum stock for next day.
H friend, thanx a lot for ur reply. while exploring the stocks in the evening, do I need to select the period DAILY or lower time?? It would be so nice of U if u share some more exploration afl to use during market time.
thanx a lot
regards
 

singhboy

Active Member
#6
yes periodicity should b daily frame. Try this during mkt on 15 mint time frame
Buy = Close > BBandTop(Close, 20, 2 )
AND (
( StochK( 5, 3)>StochD( 5, 3, 3 ))


);

Sell = Close < BBandBot( Close, 20, 2 )
AND (
Cross( StochD( 5, 3, 3),StochK( 5, 3 ))

);
Filter= (Close>200);
AddColumn(Close,"Close",1.4);
AddColumn(Buy,"buy",1.2);
AddColumn(Sell,"sell",1.2);
 

sahil79

Active Member
#7
yes periodicity should b daily frame. Try this during mkt on 15 mint time frame
Buy = Close > BBandTop(Close, 20, 2 )
AND (
( StochK( 5, 3)>StochD( 5, 3, 3 ))


);

Sell = Close < BBandBot( Close, 20, 2 )
AND (
Cross( StochD( 5, 3, 3),StochK( 5, 3 ))

);
Filter= (Close>200);
AddColumn(Close,"Close",1.4);
AddColumn(Buy,"buy",1.2);
AddColumn(Sell,"sell",1.2);
Thanx singhboy, if u can add me at YM, my yahoo id is the same as in this forum.
thanx
regards