Chaloke
Chaloke represents a versatile range of Amibroker AFLs created to accommodate various trading strategies and indicators. Traders turn to this flexible AFL to customize their trading systems and stay adaptable in the face of evolving market conditions. Amibroker Data Feeder is instrumental in providing up-to-date market data, ensuring that traders can seamlessly integrate Chaloke into their trading routines.
_SECTION_BEGIN("chaloke");
////Chaloke System3 with ATR Trailing Stop/////
P1=Param("ShortTerm Period",9,3,15,1);
P2=Param("MidTerm Period",15,9,24,1);
P3=Param("LongTerm Period",24,15,50,1);
P4=Param("Invesment Term",5,1,12,1);
P5=Param("ATR Period",5,1,25,1);
Sm=2*P5/10;
ATRX=Sm*ATR(P4);
S=EMA(C,P1) - ATRX;
M=EMA(C,P2) -ATRX;
lg=EMA(C,P3) -ATRX;
Sht=IIf(C==HHV(C,3),S,Ref(EMA(C,9),-1)-ATRX);
Mid=IIf(C==HHV(C,3),M,Ref(EMA(C,15),-1)-ATRX);
Lng=IIf(C==HHV(C,3),Lg,Ref(EMA(C,24),-1)-ATRX);
Color=IIf(Sht>Mid AND C > Sht ,colorBrightGreen,IIf(C < lng OR Sht<lng,colorRed,colorBlack));
Plot(C,"",Color,64);
///// Trailing Stop Module /////
P6=Param("Trailing Stop Risk",2.5,2,3.5,0.1);
P7=Param("Trailing Stop LookBack",14,5,25,1);
P8=Param("Trailing Stop PrevLow Switch",0,0,1,1);
P9=ParamDate("Trailing Stop Entry Date","Date()");
PrevLow=IIf(P8==1, Ref(C,-TroughBars(C,5,1)) ,Null);
Bars=BarIndex() - ValueWhen( DateNum() == P9, BarIndex() ) ;
ATRLong=HHV(H - P6*ATR(P7),Bars);
Plot(ATRLong,"Chaloke System3 with ATR Trailing Stop",colorBlue,1);
Plot(PrevLow,"",colorRed);
_SECTION_END();