Amazing Trailing Stop Loss AFL For Amibroker [ PROFIT TAKER AFL ]

AMAZING TRAILING STOP LOSS AFL

 

Trailing Stop Loss Amibroker AFL will help the traders to remain in the trade according to the appropriate stop loss possibility. The trade which goes in the direction of the trend for a longer period will make the trade more profitable. The trailing stop is more flexible than a fixed stop loss, since it automatically tracks the stock’s price direction and does not have to be manually reset like the fixed stop loss. Like all stop orders, the trailing stop enforces trading discipline by taking the emotion out of the Sell decision, thus enabling traders and investors to protect profits and investment capital.

The act of Selling a security in order to lock in gains after it has risen appreciably. Profit taking can affect an individual stock, a specific sector, or the broad market. If there is an unexpected decline in a stock or equity index that has been rising, and no specific reason for the drop can be identified, the decline is frequently attributed to profit taking.

This Afl basically is a modify Trailing stop loss afl for amibroker. Basically its call for Trailing Stop Profit Taker Afl. This Afl use two line- profit taker line (Green) and Trailing Stop line (Red). Also for more information this afl use arrow signs which indicates where to profit taking. Here Amibroker Afl Code use for Wave Sound which makes it more real indication.  

 

Image of AFL [amibroker formula language].

Trailing Stop Loss AFL For Amibroker

HERE IS AMIBROKER AFL CODE

 

 

How to Use  Amibroker AFL

 

  • Download the Amibroker AFL .
  • Now copy the afl file and paste it to \Program Files\AmiBroker\Formulas\Custom. [For 32 bit]
  • If You have 64 bit operating system than paste it to  \Program Files(x86)\AmiBroker\Formulas\Custom.
  • Go to formula section of Amibroker and you will get the afl in Custom folder.

 

Amazing Trailing Stop Loss AFL For Amibroker [ PROFIT TAKER AFL ]
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