After Amibroker is installed, the first and foremost duty is creating a database. For novice, sometimes this seems somewhat hard. With just a diagram i`ve showed how to create a EOD (End of day) database. Here its just five steps.
Firsly, the KPL Swing is a simple trend following mechanical trading system. It automates the entry and exit signal. This trading system is very simple and easy to use. It works across multiple time frames and does not require any in-depth knowledge of TA. In KPL System no targets are given as no one knows how high (or low) the stock price will reach. A trailing stoploss locks in the gains and removes emotions from trading. Secondly, the the MIDAS System. The MIDAS system of technical market analysis is based on the concept of Volume Weighted Average Price (VWAP). VWAP calculations is being used widely worldwide. A standard VWAP calculation represents the total value of shares traded in a particular stock on a particula day divided by the total volume of shares traded in that stock on that day. Here i`m giving a chart using bothe KPL and MIDAS (three lines) curves. As example, BERGER symbol (data updated at 4 Aug, 2010) has been used. In chart its visible that both ...
ATTENTION : KPL-Midas Code is at the last part of this post. Please copy and paste in your amibroker.) 4 Tips for using Midas in KPL: 1. put your price mark at the beginning of last major price break, bullish or bearish. 2. Right click on price chart, and open Peremeters 3. Change the settings of VWAP channel and ovserve in chart, whether it can create strong support /ressitance level. or not. 4. If you are satisfied with the setting, click OK. (of course, at the same time you can change the KPLs perimeter.) KPL Swing is a simple trend following mechanical trading system. It automates the entry and exit signal. This trading system is very simple and easy to use. It works across multiple time frames and does not require any in-depth knowledge of TA. In KPL System no targets are given as no one knows how high (or low) the stock price will reach. A trailing stoploss locks in the gains and removes emotions from trading. The MIDAS system of technical market analysis is based ...
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