Buy First Green Sell First Red - The Sure AFL


Buy First Green Sell First Red - The Sure AFL
Buy First Green Sell First Red - The Sure AFL

//www.aflcode.com

P1=Param("ShortTerm Period",9,3,15,1); 
P2=Param("MidTerm Period",15,9,24,1); 
P3=Param("LongTerm Period",24,15,50,1); 
P4=Param("Invesment Term",5,1,12,1); 
P5=Param("ATR Period",5,1,25,1); 
Sm=2*P5/10; 
ATRX=Sm*ATR(P4); 
S=EMA(C,P1) - ATRX; 
M=EMA(C,P2) -ATRX; 
lg=EMA(C,P3) -ATRX; 

Sht=IIf(C==HHV(C,3),S,Ref(EMA(C,9),-1)-ATRX); 
Mid=IIf(C==HHV(C,3),M,Ref(EMA(C,15),-1)-ATRX); 
Lng=IIf(C==HHV(C,3),Lg,Ref(EMA(C,24),-1)-ATRX); 

Color=IIf(Sht>Mid AND C > Sht ,colorBrightGreen,IIf(C < lng OR Sht<lng,colorRed,colorBlack)); 
Plot(C,"",Color,64); 

///// Trailing Stop Module ///// 
P6=Param("Trailing Stop Risk",2.5,2,3.5,0.1); 
P7=Param("Trailing Stop LookBack",14,5,25,1); 
P8=Param("Trailing Stop PrevLow Switch",0,0,1,1); 
P9=ParamDate("Trailing Stop Entry Date","Date()"); 
PrevLow=IIf(P8==1, Ref(C,-TroughBars(C,5,1)) ,Null); 
Bars=BarIndex() - ValueWhen( DateNum() == P9, BarIndex() ) ; 

ATRLong=HHV(H - P6*ATR(P7),Bars); 
Plot(ATRLong,"Buy First Green Sell First Red",colorBlue,1); 
Plot(PrevLow,"",colorRed);

Previous
Next Post »