Rajandran R FollowFounder 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.
Non Repainting – Trend Magic – Amibroker AFL code
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Nifty Futures Hourly Charts
Trend Magic is a positional trading system where the trade decision based on Commodity Channel Index supported by ATR Trailing stop loss. It will create more whipsaws in lower timeframes so its more than a positional trading system than a intraday trading system.
Rajandran R FollowFounder 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.
Very simple and interesting trend following strategy which could manage sideways markets to a greater extent while following the trend. Recently I got inspired...
Buddy it is non repainting only. Signal will form once the new bar forms. So it will create such kind of confusion on the daily charts. Its better to stick with hourly/2 hourly/ 4 hourly charts where you data is realtime. The code is designed for realtime trading. When it comes to EOD charts once the new bar opens it automatically access the previous bar and place the signal on the previous bar and not on the current bar.
Hope you understand!
Can Trend Magic indicator be used for holding poistional stocks as well?
Please guide.
Thanks.
@Ashwini Khanna
Yes you can but Try Experimenting with various charts!
Hello Rajendra ,
I am please to visit your website,i want an help,I need to a good buy and sell indicator software which can give me on live data,please guide me.
Thanks
Dear Amibroker users and Mudraa family members,
Can anyone here suggest how to setup alarm or any way for setting up alarms for buy/ sell signal in any stock. I mean to say, whenever any buy/ sell signal occurs in any stock, buy/ sell alarm must appear on display irrespective of any stock chart i am onto. Your suggestions are of great help for all users here. Thx
from
yuvraj
Hi Rajendranji,
even after downloading from the site it is not getting worked on my ami software. please help. it is a 2 kb file which getting downloaded every time.
i m using it on amibroker 5.50 rc
Dear Mr. Rajendra,
I want to write AFL but not know how to do it.
My condition is as follows:
if EMA C 5 cross EMA Open 6 from bottom then Buy and all price is inorder like this
Closing price
EMA C 5
EMA O 6
EMA C 20
EMA C 50
EMA C 100
Please help
Hi
Please add sound alert and sms on this indicator as i am not inforn of my PC
Thanks
hi sir
pls provide EOD chart AFL
thanks
Dear Rajendran and well wishers, Thanks for all the good work. There are so many AFLs available, even on your blog you have “trend magic” and “super trend” indicator. which one would be better ?
Stockmaniacs dot net website offers “super scalper” and “trend blaster” which mentions 80-90% accuracy and 300% returns, etc.
Do you know of any link or has anyone compared the AFLs for the last 6 months to compare the results between the systems ? Maybe of someone good at AFL volunteers, we might have some concrete results etc.
Just my curiosity. Thanks in advance.
Raj
hello mr rajendran, i would also like to know which system is better supertrend or trendmagic??
trend magic zip amibroker afl is shoing error
Hi, The super trend EOD chart is not updated on EOD basis as mentioned.
Can you please check…..it usually happen once in 3 or 4 days.
A question: the trend magic indicator is the same as super trend or is it a different one?
rgds,Deepak
Deepak,
Trend Magic is CCI based indicator and Supertrend is ATR based indicator. And for EOD charts iam coming with alternate update as iam facing some issues with datafeed.
Could you guide me, who is providing tick by tick data feed to market delta software
Esignal Provides for Market Delta Software. But datafeed is costlier
Dear Rajendran,
I happened to come across your Supertrend indicator and find it very useful.
Can you please add the alf to realtime scan and real time alert also for the same…
Thanks and wish you great going,
Mahesh.
what do you all mean by non repainting ?
DEAR SIR,
ANY BEST INDICATOR FOR STOCK MARKET EOD CHART AND INTRADAY BEST GOLD SILVER
hello sir
pls provide EOD chart AFL, help Trend Magic and Supertrend
Mr Rajandran R sir
trend blaster afl code available
It is a protected code i guess not available to the public domain.
DAER RAJENDRA SIR CAN U PROVIDE ME WITH A PUSH BULLET WHICH MAY GIVE SINGNALS TO X NUMBER OF MACHINES FROM SINGLE SYATEM
there is error 16— to many arguments, i am using amibroker 5.2 professional edi. pls check it
@Ajay
I guess it works with amibroker version 5.4 onwards.
sir what is diffrence between super trend and this indicator. pls explain …….
sir pls explain the diffrence of supertrend and this indicator …..
i am using it in amiborker 5.10
Sorry bro it repaints this is for 24th http://i45.tinypic.com/2cnbe3m.jpg
and this for 25th http://i46.tinypic.com/1zohwdu.jpg
@Tony Joseph
Buddy it is non repainting only. Signal will form once the new bar forms. So it will create such kind of confusion on the daily charts. Its better to stick with hourly/2 hourly/ 4 hourly charts where you data is realtime. The code is designed for realtime trading. When it comes to EOD charts once the new bar opens it automatically access the previous bar and place the signal on the previous bar and not on the current bar.
Hope you understand!
Can Trend Magic indicator be used for holding poistional stocks as well?
Please guide.
Thanks.
@Ashwini Khanna
Yes you can but Try Experimenting with various charts!
Hello Rajendra ,
I am please to visit your website,i want an help,I need to a good buy and sell indicator software which can give me on live data,please guide me.
Thanks
Dear Amibroker users and Mudraa family members,
Can anyone here suggest how to setup alarm or any way for setting up alarms for buy/ sell signal in any stock. I mean to say, whenever any buy/ sell signal occurs in any stock, buy/ sell alarm must appear on display irrespective of any stock chart i am onto. Your suggestions are of great help for all users here. Thx
from
yuvraj
Hi Rajendranji,
even after downloading from the site it is not getting worked on my ami software. please help. it is a 2 kb file which getting downloaded every time.
i m using it on amibroker 5.50 rc
Dear Mr. Rajendra,
I want to write AFL but not know how to do it.
My condition is as follows:
if EMA C 5 cross EMA Open 6 from bottom then Buy and all price is inorder like this
Closing price
EMA C 5
EMA O 6
EMA C 20
EMA C 50
EMA C 100
Please help
Hi
Please add sound alert and sms on this indicator as i am not inforn of my PC
Thanks
hi sir
pls provide EOD chart AFL
thanks
Dear Rajendran and well wishers, Thanks for all the good work. There are so many AFLs available, even on your blog you have “trend magic” and “super trend” indicator. which one would be better ?
Stockmaniacs dot net website offers “super scalper” and “trend blaster” which mentions 80-90% accuracy and 300% returns, etc.
Do you know of any link or has anyone compared the AFLs for the last 6 months to compare the results between the systems ? Maybe of someone good at AFL volunteers, we might have some concrete results etc.
Just my curiosity. Thanks in advance.
Raj
hello mr rajendran, i would also like to know which system is better supertrend or trendmagic??
trend magic zip amibroker afl is shoing error
Hi, The super trend EOD chart is not updated on EOD basis as mentioned.
Can you please check…..it usually happen once in 3 or 4 days.
A question: the trend magic indicator is the same as super trend or is it a different one?
rgds,Deepak
Deepak,
Trend Magic is CCI based indicator and Supertrend is ATR based indicator. And for EOD charts iam coming with alternate update as iam facing some issues with datafeed.
Could you guide me, who is providing tick by tick data feed to market delta software
Esignal Provides for Market Delta Software. But datafeed is costlier
Dear Rajendran,
I happened to come across your Supertrend indicator and find it very useful.
Can you please add the alf to realtime scan and real time alert also for the same…
Thanks and wish you great going,
Mahesh.
what do you all mean by non repainting ?
DEAR SIR,
ANY BEST INDICATOR FOR STOCK MARKET EOD CHART AND INTRADAY BEST GOLD SILVER
hello sir
pls provide EOD chart AFL, help Trend Magic and Supertrend
Mr Rajandran R sir
trend blaster afl code available
It is a protected code i guess not available to the public domain.
DAER RAJENDRA SIR CAN U PROVIDE ME WITH A PUSH BULLET WHICH MAY GIVE SINGNALS TO X NUMBER OF MACHINES FROM SINGLE SYATEM