BB-MACD Daytrade
The BB-MACD Daytrade AFL combines Bollinger Bands and MACD indicators, using Amibroker data for precision. Traders benefit from timely and accurate insights, allowing them to make well-informed decisions. The BB-MACD Daytrade AFL leverages Amibroker data to optimize entries and exits, enhancing the potential for profitable day trading.
r1 = Param("Fast avg", 3, 3, 30, 1 );
r2 = Param("Slow avg", 6, 6, 60, 1 );
r3 = Param("Signal avg", 2, 2, 10, 1 );
BBPeriods = Param("BB Periods", 14, 2, 60, 1 );
BBPeriods2 = Param("BB2 Periods", 60, 30, 90, 1 );
BBWidth = Param("BB Width", 1.9, 1.7, 2.2, 0.05 );
BBColor = ParamColor("BB Color", colorBlue );
BBStyle = ParamStyle("BB Style", styleDashed+styleNoLabel);
BBColor2 = ParamColor("BB2 Color", colorOrange );
BBStyle2 = ParamStyle("BB2 Style", styleDashed+styleNoLabel);
GraphXSpace = Param("GraphXSpace",6,0,100,1);
P=MACD(r1,r2);
//PSignal=EMA(P,r3);
PSignal=EMA(P,r3) + (EMA(P,r3) - EMA(EMA(P,r3),r3));
UpZone=BBandTop(P, BBPeriods, BBWidth );
LwZone=BBandBot(P, BBPeriods, BBWidth );
MidZone=(Upzone+LwZone)/2;
UpZone2=BBandTop(P, BBPeriods2, BBWidth );
LwZone2=BBandBot(P, BBPeriods2, BBWidth );
MidZone2=(Upzone2+LwZone2)/2;
OB = StDev(P, 1000);
OS = -1 * StDev(P, 1000);
Plot(P, _DEFAULT_NAME(), ParamColor( "Color", colorRed ), ParamStyle( "Style", styleThick ) );
Plot(OB, "OB", colorRed, styleNoLabel );
Plot(OS, "OS", colorGreen, styleNoLabel );
Plot(UpZone, "UpZone", BBColor, BBStyle);
Plot(LwZone, "LwZone", BBColor, BBStyle);
Plot(UpZone2, "UpZone2", BBColor2, BBStyle2);
Plot(LwZone2, "LwZone2", BBColor2, BBStyle2);
Plot(MidZone, "MidZone", BBColor, BBStyle);
Plot(MidZone2, "MidZone2", BBColor2, BBStyle2);
Plot(1, "", IIf( CCIa(P, 2) > 0, colorPaleGreen, colorPink), styleOwnScale|styleArea|styleNoLabel, 0, -5);
SetPositionSize( 10, spsPercentOfEquity );
SetBacktestMode( backtestRegularRawMulti ); // allow multiple positions
SetTradeDelays( 1, 1, 1, 1 );
Buy = LLV(P,r3) < OS AND (Cross(P, LwZone) OR Cross(P, LwZone2) OR Cross(P, Psignal));
Short = HHV(P,r3) > OB AND (Cross(UpZone, P) OR Cross(UpZone2, P) OR Cross(Psignal, P));
Sell=Short;
Cover=Buy;
Filter=Buy OR Short;
AddColumn(Buy, "Long");
AddColumn(Short, "Short");
AddColumn(C, "Close");
shape = IIf(Buy OR Cover, shapeUpArrow, IIf(Short OR Sell, shapeDownArrow, 0 ) );
shapecolor=IIf(Buy, colorGreen, IIf(Short, colorRed, colorBlack ) );
PlotShapes( shape, shapecolor,0, P );