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• Chart
• Exploration and
• Trading System (Buy‐Sell arrows)
AmiBroker Edition & Version
- Professional version 5.2
‐ Specific time‐frame for which AFL should be written or generic for all time frames
- Generic for all timeframe
If the AFL is Exploration then any extra columns that should be shown
- AFL is exploration
- Extra columns are
o Ticker
o Full name
o Date
o Close
o Change %
o Volume
o Buy or Sell
o Bollinger Band – if true, write “High of BB” or “Low of BB”
o Stochastic – if true, write “Oversold” or “Overbought”
o MACD Divergence – if true, write “bullish divergence” or “bearish
divergence”
o If buy, write “ recent low”, if sell, write “recent high”
o 5p close
If AFL is for trading System then
• Buy Signal
o Using zigzag of price. Price falls below previous zigzag low (1low) with a
close below 1low (low of candle). Price stays below for n bar.
Subsequently, price at 2low penetrates and closes above 1low. This will
constitute a buy on close signal based on price
o Close of 2low must be higher than low of A
o MACD‐H shows Bullish Divergence (12,26,9)
o Optional filter (can set in parameter for these filter to be on or off)
o Stochastic 9,3,3 is oversold (below 20)
o Price is at low of Bollinger Band (20,2)
o Buy candle closes above 5p (5‐period SMA)
o Price closes above EMA 50
Buy Signal illustration
• Sell Signal
o Using Zigzag of price. Price rise above previous zigzag high (1high) with a
close above 1high. Price stays above for n bar. Subsequently, price at 2
high penetrates and closes below 1high. This will constitute a sell on close
signal based on price
o Close of 2high must be lower than high of A
o MACD‐H shows Bearish Divergence (12,26,9)
o Optional filter (can set in parameter for these filter to be on or off)
o Stochastic 9,3,3 is overbought (above 20)
o Price is at high of Bollinger Band (20,2)
o Sell candle closes below 5p (5‐period SMA)
o Price closes below EMA 50
• Basic Chart Display Style ‐ background colour is grey, up candle is white ‐ down
candle colour is black, style (candlesticks).
Exploration done on EOD data. Must be able to plot buy or sell arrow at price chart.
Optional:
1. Using also the zigzag, I would like to also include a modification of the buy or sell
signal. For short signal, is it possible to plot a trendline connecting 1low and 2low
and short when price closes below the support trendline? This trade is true even
if 2high is lower than 1high.
2. For buy signal, plot a trendline connecting 1high and 2high and long when price
closes above the resistance trendline