Beneath is really a test Amibroker signal that really computes multiple-time body MACD. As possible begin to see the html coding is actually fairly easy as well as brief, due to Amibroker indigenous assistance with regard to dealing with several period structures. The Schaff Trend Cycle (STC) indicator is an oscillator commonly used to identify market trends and provide buy and sell signals to traders. Developed in 1999 by noted Forex trader Doug Schaff.

1. Best Macd Indicator For Amibroker History

Trend following is certainly a sure-shot way to mint money during rising or falling markets. At sideways trend it can be painful due to consecutive whipsaws but there is no way to avoid that. The only thing we can try is to minimize whipsaws using combination of indicators. The intraday trend following strategy that we are going to discuss uses combination of MACD and Bollinger Bands to indicate trading opportunities.

MACD is used to identify the direction of market (uptrend or downtrend) while Bollinger bands are used to catch only strong trends and avoid unnecessary whipsaws. This is a pure intraday strategy as none of the positions are carried forward. The strategy has a decent success rate in 5 minutes timeframe. Also, the CAGR of 40% in 4 years backtesting period is commendable.Please visit to learn AFL coding and create your own Trading systems.

Profit TableThis intraday trend following strategy has been profitable on all the years from 2012 to 2016Additional Amibroker settings for backtestingGoto Symbol–Information, and specify the lot size and margin requirement. The below screenshot shows lot size of 75 and margin requirement of 10% for NSE Nifty:Disclaimer:All the AFL’s posted in this section are for learning purpose.

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Best Macd Indicator For Amibroker History

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