Extrend Premium
Incorporate Extrend Premium indicators using AFL code Amibroker, complemented by Amibroker Data. This premium indicator offers enhanced trend analysis, empowering traders with valuable insights. Integrating Amibroker resources optimizes Extrend Premium utilization, potentially leading to more accurate trend identification and trading decisions.
// General-purpose MC part
HowManyMCSteps = 20000; // adjust that to change the number of MC tests
PositionScore = 100 * mtRandomA();
// that is single-line that causes random picking of signals
Step = Optimize("Step", 1, 1, HowManyMCSteps , 1 );
// this is dummy variable, not used below
// The trading system itself
// ( you may enter your own system below instead of one from the article )
NumPos = 8; // maximum number of open positions
SetOption("MaxOpenPositions", NumPos );
SetPositionSize( GetOption("InitialEquity") / NumPos, spsValue );
// as in the article - no compounding of profits
// SetPositionSize( 100 / NumPos, spsPercentOfEquity );
// uncomment this for compounding profits
// signals
s = Signal( 12, 26, 9 );
m = MACD( 12, 26 );
Buy = Cross( s, m );
Sell = Cross( m, s );
SetTradeDelays( 1, 1, 1, 1 ); // trade with one bar delay on open price
BuyPrice = Open;
SellPrice = Open;
// General-purpose MC part
HowManyMCSteps = 20000; // adjust that to change the number of MC tests
PositionScore = 100 * mtRandomA();
// that is single-line that causes random picking of signals
Step = Optimize("Step", 1, 1, HowManyMCSteps , 1 );
// this is dummy variable, not used below
// The trading system itself
// ( you may enter your own system below instead of one from the article )
NumPos = 8; // maximum number of open positions
SetOption("MaxOpenPositions", NumPos );
SetPositionSize( GetOption("InitialEquity") / NumPos, spsValue );
// as in the article - no compounding of profits
// SetPositionSize( 100 / NumPos, spsPercentOfEquity );
// uncomment this for compounding profits
// signals
s = Signal( 12, 26, 9 );
m = MACD( 12, 26 );
Buy = Cross( s, m );
Sell = Cross( m, s );
SetTradeDelays( 1, 1, 1, 1 ); // trade with one bar delay on open price
BuyPrice = Open;
SellPrice = Open;
Plot(C,"",47,64);
Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);
//Short=ExRem(Short,Cover);
//Cover=ExRem(Cover,Short);
PlotShapes(Buy*shapeUpArrow,colorGreen,0,L);
PlotShapes(Sell*shapeDownArrow,colorRed,0,H);
//PlotShapes(IIf(Short, shapeHollowDownArrow, shapeNone),colorPink, 0, L, -10);
//PlotShapes(IIf(Cover, shapeHollowUpArrow, shapeNone),colorSeaGreen, 0,H, -10);