I can Create AFL but Need Strategy

[sangi79]

Dear Johny sir,

I am totally new to amibroker. Just downloaded the standard version. Can you please help me to code the following strategy and pls backtest it in 30 and 60 min tf.

Buy:

If the current bar takes the prv bar high if the previous bar is a Positive Reversal bar.

Exit for buy: TGT

tgt I - high of the PR +[ (High - low of the PR) * 1] for 60% of the posn
tgt II - high of the PR +[ (high - low of PR) *1.618] for the rest of the posn

SL:

Just below the low of PR

Now definition of PR:

current bar low should be less thn the prv bar low
current bar close should be more thn prv bar close
current bar close shd be more than current bar open
current bat high shd be less thn prv bar high

RSI of the PR candle shd be more thn 30 and RSI of the prv bar shd be blow 30.

Filter:

Scrip giving all time low shd be avoided


Reverse is for shorting. Once you finish this I will give for sell also. Sir please help for this small trader.

:thanx: in advance

 

[sangi79]

Dear Johny sir,

I am totally new to amibroker. Just downloaded the standard version. Can you please help me to code the following strategy and pls backtest it in 30 and 60 min tf.

Buy:

If the current bar takes the prv bar high if the previous bar is a Positive Reversal bar.

Exit for buy: TGT

tgt I - high of the PR +[ (High - low of the PR) * 1] for 60% of the posn
tgt II - high of the PR +[ (high - low of PR) *1.618] for the rest of the posn

SL:

Just below the low of PR

Now definition of PR:

current bar low should be less thn the prv bar low
current bar close should be more thn prv bar close
current bar close shd be more than current bar open
current bat high shd be less thn prv bar high

RSI of the PR candle shd be more thn 30 and RSI of the prv bar shd be blow 30.

Filter:

Scrip giving all time low shd be avoided


Reverse is for shorting. Once you finish this I will give for sell also. Sir please help for this small trader.

:thanx: in advance

Johnny Sir,

Please help.

 

[shruti.trader]

Hi Sushil,
I have a scalping strategy for small profits but many trades.

In the given Stock/Index Chart following indicators need to be there
1) Bollinger Bands
2) 5mins MA, 10minsMA
3) 1 minute tick period
4) RSI default period 14
5) Stochastic default 20,2
6) CCI
It goes this way
Buy Signal: buy when any 2 out of 3 signals (RSI, Stochastic,CCI) cross over from below
Exit. :a) when either of 2 signals crosses down
:b) when the price reaches either of the 2 MAs
:c) when the price reaches the upper bollinger band
Exactly the opposite for the sell signals.

In this profit is less but trades are many to cover up.
Raajessh123
[email protected]

hello,

PROFIT IS less but trades are many ---

u will have Brokerage and taxes to pay too

 

[sangi79]

Johnny Sir,

Please help.

Somebody pls help with the afl.

 

[kaydee1127]

hello,

PROFIT IS less but trades are many ---

u will have Brokerage and taxes to pay too

Brokerage may not be a problem now a days, because of monthly payment ranging from 500 to 2000 per month, for unlimited trading.
But ya, paying TO charges and STT can pose a problem, as it will eat up major part of the profit, if profit is small.
Isnt it.

 

[shruti.trader]

Brokerage may not be a problem now a days, because of monthly payment ranging from 500 to 2000 per month, for unlimited trading.
But ya, paying TO charges and STT can pose a problem, as it will eat up major part of the profit, if profit is small.
Isnt it.

Unlimited trading for 500 to 2000 per month..

Would risk ur funds and with few hidden charges or advance brokerages.

So prefer good profitable risk rewards ratios and good brokers like Sharekhan.

Happy trading

 

[kaydee1127]

Unlimited trading for 500 to 2000 per month..

Would risk ur funds and with few hidden charges or advance brokerages.

So prefer good profitable risk rewards ratios and good brokers like Sharekhan.

Happy trading

Sharekhan and other big names are very costly for brokerage

 

[shruti.trader]

Sharekhan and other big names are very costly for brokerage

Its Rule of nature.. for good Quality, u have to pay a bit more.

If u bargain with them.. they too provide u good brokerage structures.


Happy trading

 

[johnnypareek]

Dear Johny sir,

I am totally new to amibroker. Just downloaded the standard version. Can you please help me to code the following strategy and pls backtest it in 30 and 60 min tf.

Buy:

If the current bar takes the prv bar high if the previous bar is a Positive Reversal bar.

Exit for buy: TGT

tgt I - high of the PR +[ (High - low of the PR) * 1] for 60% of the posn
tgt II - high of the PR +[ (high - low of PR) *1.618] for the rest of the posn

SL:

Just below the low of PR

Now definition of PR:

current bar low should be less thn the prv bar low
current bar close should be more thn prv bar close
current bar close shd be more than current bar open
current bat high shd be less thn prv bar high

RSI of the PR candle shd be more thn 30 and RSI of the prv bar shd be blow 30.

Filter:

Scrip giving all time low shd be avoided


Reverse is for shorting. Once you finish this I will give for sell also. Sir please help for this small trader.

:thanx: in advance

just saw ur post not regular now a days. kk will chk n revert.
johnny

 

[sangi79]

just saw ur post not regular now a days. kk will chk n revert.
johnny

Thank you johnny sir. waiting eagerly for the result. so kind of you.