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Searching for Breakouts and Flags

Unfortunately, my imagination is limited by my coding ;). It'd be hard for me to explain my methods as code.

Ah.

Well... If you can write it in clear english it can be coded :)

Simple Example:

Buy when a short MACD crosses a long MACD and the day is Friday
Trailing Stop loss is a 10day MA
RIsk 2% of account per trade
Pyramid at 5% profit
Tighten stop if the XJO starts trending down, to a 5day MA.

Just a simple example and a system i have never looked at, so im not suggesting anything. But basically if you can write something in clear point form like that, it is codeable.
 
AFL = Amibroker Formula Language

How would you go about learning this language? I'm looking into purchasing Amibroker with the view in creating kick ass codes... I don't know C++ and I've only undertaken about 3-4 months of java coding that made a stickman game :cool:

Does Amibroker come with instructions or tutorials that teaches you this code?

Cheers
 
How would you go about learning this language? I'm looking into purchasing Amibroker with the view in creating kick ass codes... I don't know C++ and I've only undertaken about 3-4 months of java coding that made a stickman game :cool:

Does Amibroker come with instructions or tutorials that teaches you this code?

Cheers

There are plenty of resources available, it is actually quite easy (to a point) to pick up - even I'm starting to understand it:eek:. Amibroker also has a substantial help section.

I think there is quite a decent size library & database on the Amibroker site. Also there are alot of people on various forums willing to help out with info.
 
Amibroker is extremely easy to pick up... i have no background in coding and i picked it up easily.
 
I hope this isnt considered advertising but...do a google on a book called 'Introduction to Amibroker' by Howard Brandy. (I think he even posts on these boards from time to time?)

I purchased Amibroker a few weeks ago and with the help of this book and his following book, am well and truly on my way to picking up the coding from a background of hating coding :)

It was initially quite daunting to read through the readme and I find the book a logical and easy way to go about learning AFL.
 
penant.gif
What do you think of this as a penant at the end of a flagpole? If it is considered a penant it should have broken up not down.

The share is EWC.
 
I hope this isnt considered advertising but...do a google on a book called 'Introduction to Amibroker' by Howard Brandy. (I think he even posts on these boards from time to time?)

I purchased Amibroker a few weeks ago and with the help of this book and his following book, am well and truly on my way to picking up the coding from a background of hating coding :)

It was initially quite daunting to read through the readme and I find the book a logical and easy way to go about learning AFL.

Brilliant. That's not advertising in my eyes...just good advice... cheers for that, I'll most likely purchase it if it's the best way to go
 
That's why most pennants are seen on "potential breakout alerts', where generous members share a trend on something looking interesting on a chart.:)
 
Just been on the Amibroker website... does any one recommend the 'professional' edition over the 'standard' edition?

I've checked the differences on the following page, and one of them is that it says no tick charts/backtesting/scanning on the 'standard' version:
http://www.amibroker.com/guide/versions.html

...but on other points it says that there is back testing? Can anyone please clarify this?

Cheers
 
Just been on the Amibroker website... does any one recommend the 'professional' edition over the 'standard' edition?

I've checked the differences on the following page, and one of them is that it says no tick charts/backtesting/scanning on the 'standard' version:
http://www.amibroker.com/guide/versions.html

...but on other points it says that there is back testing? Can anyone please clarify this?

Cheers

The standard version is fine down 1 min.
Anything under 1min data you need pro version for.

Standard version has every other feature including backtesting and scanning... It means backtesting and scanning of data less than 1min bars..

Brad
 
The standard version is fine down 1 min.
Anything under 1min data you need pro version for.

Standard version has every other feature including backtesting and scanning... It means backtesting and scanning of data less than 1min bars..

Brad

Thanks Brad, standard it is then since I'll be trading end of day data...
 
What script do you use to program Amibroker...perl - pyhton - tcl - javascript - proprietary - all of the above???

thanks:)

May I just say that this guy is not me , gg, and I have asked him to change his avatar and also asked Joe.

gg
 
I have a scanner for triangles but not pennants for amibroker, anyone kind enough to share one?
 
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