Anybody have this afl

Rish

Well-Known Member
#2
Even useless scrap AFL will give good results on Trending Scripts in any time frame.

If the same system would had hit more than 20 times s/l, if you would have traded Cairn India for the period from 15th January 2014 to 30th January 2014. Just Check.

Trading is all about application of knowledge not the AFL's.

I hope you understand.
 
#4
can you post that winner indicator

becoz, i see something different , when i tried from wise stock trader site

thanks in advance
Hi pacesree, here it is what u looking for.
_SECTION_BEGIN("Winner");


m = Param("Periods", 10, 2, 5, 1 );
n = Param("Average", 5, 2, 5, 1 );

pa = (2*C+H+L)/4;
cost = pa*Volume;

scost5 = Sum(cost,n);
svolume5 = Sum(Volume,n);
pa5 = scost5/svolume5;

RSV = (pa5-LLV(pa5,m))/(HHV(pa5,m)-LLV(pa5,m))*100;

pak = WMA(rsv,n);
paD = WMA(paK,n);

UP=pak;
DOWN=pad;
Oo=IIf(up<down,up,down);
Hh=Oo;
Ll=IIf(up<down,down,up);
Cc=Ll;
barcolor2=IIf(up>down,5,colorRed);
PlotOHLC( Oo,hh,ll,Cc, "Winner ", barcolor2, styleCandle );


_SECTION_END();
 
#5
can you post that winner indicator

becoz, i see something different , when i tried from wise stock trader site

thanks in advance
This is a kind of another oscillator and during trending moves it is behaving the same way as many other oscillators do. Oscillators can remain oversold or overbought for long time while the trend is underway and the price can make large moves and oscillator will move marginally.
 

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