Importance of Latest Amibroker AFL.
AFL Amibroker. K likes. KEY TO AUTOMATED TRADING. Latest Amibroker AFL Collection This page maintains the list of latest Amibroker AFL designed from the latest strategy ideas. These articles also useful if anyone wants to learn strategy coding because all strategy coding steps are clearly defined.
Linear Regression channel contains two extra lines above and below the standard linear regression line. These extra lines are formed by calculating 1 or 2 standard deviations of linear regression line. Hence linear regression channel can effectively determine overbought and oversold areas, which makes it a perfect tool to develop mean reversion strategies.
This AFL code was originally published at Marketcalls. We have modified it to make it suitable for intraday trading and added various backtesting conditions. Donchian Channel Trend following system.
Linear Regression Trading system does not offer huge returns as it it based on mean reversion, but it is quite consistent owing to low drawdown value. It is suitable for intraday scalping. Download the detailed backtest report here. If you find any misleading or non-reproducible content then please inform us at support tradingtuitions.
Save it on standard location like desktop for convenient use in future. You can also download an AFL strategy from the following articles:. Specify in HHMM format the time after which you want to start trading. Some traders do not trade in first 15 minutes after market open because market is very volatile at this time. Specify in HHMM format the time after which you do not want to take a fresh trade. Many traders do not want to create a new position in last one hour of market. Time at which Amibroker will generate exit signal for open positions.
The AFL uses arrow for entry signals and star for exit signals.
Feel free to comment if you are stuck at any point.
Why You Need a Trading Accounts? A good AFL formula also needs a discretionary layer and execution layer.