AFL Library

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Details:

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Description:

The system is designed to trade equity ETFs and indices. Weekly ADX is used to determine long-term trend, whereas daily Stochastic triggers the entry. The exits are conditioned by crossovers of EMAs.

Your comments and critique are more than welcome.

Formula:

Cond3 = 
StochD(15,3,3) > 70 AND StochK(15,3) > 70

AND StochD(15,3,3) > Ref(StochD(15,3,3), -1) AND Ref(StochD(15,3,3), -1) >
Ref(StochD(15,3,3), -2) 

AND StochK(15,3) > Ref(StochK(15,3), -1) AND Ref(StochK(15,3), -1) >
Ref(StochK(15,3), -2);

Cond4 = 
StochD(15,3,3) < 30 AND StochK(15,3) < 30

AND StochD(15,3,3) < Ref( StochD(15,3,3), -1) AND Ref( StochD(15,3,3), -1) <
Ref( StochD(15,3,3), -2 )

AND StochK(15,3) < Ref(StochK(15,3), -1) AND Ref(StochK(15,3), -1) <
Ref(StochK(15,3), -2);

TimeFrameSet ( inWeekly );
Cond1 = 
PDI(14) > MDI(14) AND ADX(14) > MDI(14) 

AND ADX(14) > Ref(ADX(14), -1) AND Ref(ADX(14), -1) > Ref(ADX(14), -2) AND
Ref(ADX(14), -2) > Ref(ADX(14), -3)

AND ADX(14) > 22 AND ADX(14) < 60;

Cond2 = 
MDI(14) > PDI(14) AND ADX(14) > PDI(14)

AND ADX(14) > Ref(ADX(14), -1) AND Ref(ADX(14), -1) > Ref(ADX(14), -2) AND
Ref(ADX(14), -2) > Ref(ADX(14), -3) 

AND ADX(14) > 22 AND ADX(14) < 60;

TimeFrameRestore ();

Cond1 = TimeFrameExpand(Cond1, inWeekly);
Cond2 = TimeFrameExpand(Cond2, inWeekly);


Cond5 = Cross( EMA(C, 50), EMA(C, 250));
Cond6 = Cross( EMA(C, 250), EMA(C, 50));

Buy = Cond1 AND Cond4;
Sell = Cond6;

Short = Cond2 AND Cond3;
Cover = Cond5;

ApplyStop(stopTypeLoss, stopModePercent, 10, 1, False, 5);
PositionSize = -5;

Comments: