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Showing posts with the label AFL2Share

Fibonacci Bollinger Bands in new light

Fibonacci Bollinger Bands indicator is a very nice, trustworthy and easy to grasp indicator. (The afl is available on various website, with the candle bar. As for me western bar gives more clear result I`ve channged the code with little effort. I will post Chart and AFL later) Fibonacci Bollinger Band is based on the same principles as the standard Bollinger Bands indicator. The upper and lower bands of Fibonacci Bollinger Bands indicator depends on volatility just like the Bollinger Bands indicator does. There is a difference though, in standard B bands standard deviation is used as the measure of volatility. In Fibonacci B Bands Wilders Smoothed ATR is used.

4 Tips for using Midas in KPL, Code added

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 ...