Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Download Guppy Count Back Trailing Stop Loss Plugin for Amibroker

1 min read


 

 
Recent Guppy Trailing Stop loss Chart for Nifty Hourly chart suggests Stop loss near 5121.
Hold longs only if 5121 holds on hourly basis(i.e exit longs or reverse position if 5121
breaks during End of hour)
 
 
Installation
 
To install the plugin, copy the file “GP_Stops.dll” into the AmiBroker “Plugins” folder. If
AmiBroker is currently running, select “Tools->Plug-ins” from the menu, otherwise just
start AmiBroker. A warning will probably appear about a new plugin being found.
If you wish to use the portfolio file function, create a folder called “Portfolio” under the
AmiBroker root folder. Portfolio files must then have a name like “Pfolio1.csv”,
“Pfolio2.csv”, etc, where the number is used as a portfolio ID (maximum 255) which is
passed to the stop/loss function to obtain the buy date. This allows multiple separate
portfolios to be used with potentially the same stocks in each one, each with different buy
dates. Typically the portfolio ID might match the watchlist number the portfolio is kept
in.
 
A portfolio file contains one line for each stock purchase in the following order:
 
StockCode, BuyDate, Quantity, Price
 
For example:
 
ABC, 31/12/2004, 10000, 1.71
 
 
The quantity and price are used to allow the current gain to be calculated, and to display
at the top of the indicator. The price can be either with or without the brokerage, with the
gain simply being calculated using the current closing price minus this price. Where
multiple purchases of the same stock exist, the gain for each one is calculated separately
then added together, and the purchase price shown in the indicator will be a weighted
average of each purchase.
 
 
Three sample stop AFL indicators are provided, one for ATR, one for Guppy Count
Back, and one for a simple EMA stop. Relevant parameters can be set for each one. To
use these indicators, create new indicators with appriopriate names and load the supplied code into them.
 
Related Readings:
 
 
 

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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One Reply to “Download Guppy Count Back Trailing Stop Loss Plugin for…”

  1. STOCK MARKET 5th April :- Daily trend of the market is Up The Market is in a good uptrend. Though it has become somewhat overbought but the readers who are holding longs in Nifty, may go on holding till the trend remains up. Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. Strong Futures Stocks This is list of 10 Strong Futures: OnMobile, STR Tech, Hind Oil, Hexaware, Century, Jindal SWHL, Rel Media, Patel Eng, Ibrealest & LIC Housing.. Weak Futures Stocks This is the list of 10 Weak Futures: Pir Health, Nat Alum, Mphasis, Ranbaxy, Sterling Boi, Asian Paints, Tech M, Colpal, Aurobindo Ph & Gail.

    http://www.rupeedreams.com/apps/forums/topics/show/4572224-stock-market-tips-and-trend-for-tomorrow-5-april?page=last

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