Hi Friends,
I am a new user of Amibroker and past few days I have gone thru lots of coding you friends have done in this forum. It looks extremely interesting and I tried my bit of coding. I am in the stock market for 17 yrs. What I found really worked for me is that when a stock price moves up down breaking the previous days high / low, mostly there will be a big move. I tried to code this into my AFL. The exploration produced good results, but I would love to fine tune it. There are lots of results.
How I do is that when the price reaches near to (around 0.50 to 1 percent) near the previous days high / low, the buy / sell signal is produced. I use this purely for Intra-day trading. But when the price breaks-out, after my entry & exit, if price comes back to the same level it again gives buy/sell signals. Can any one help me to correct this coding with your valuable suggestions. AFL is attached. Thanks in advance !!!!!!