Supertrend Multi Timeframe Based Trading System – Amibroker AFL Code

27 Replies to “Supertrend Multi Timeframe Based Trading System – Amibroker AFL…”

1. Is this the best intraday trading system. If ‘No’ then what is the best trading system you like the most.
   Is your back test only on long side?

   1. Its not a intraday trading system. For Intraday trading system visit http://www.marketcalls.in/lintra
      Backtest provided is for both long and short.

2. PARAMSETENGINE() shows error

   1. May be SPSO Optimizer is not installed in your machine. Either Install the SPSO optimizer or remove those three lines of code from your afl.

      OptimizerSetEngine(“spso”);
      OptimizerSetOption(“Runs”, 1 );
      OptimizerSetOption(“MaxEval”, 500 );

      1. how to add this SPSO Optimizer?

3. HI,
   paramrSetEngine(“spso”);
   paramrSetOption(“Runs”, 1 );
   paramrSetOption(“MaxEval”, 500 );

   is giving error.

   i use licensed Ami 6.20.1

   Thanks.

   1. May be SPSO Optimizer is not installed in your machine. Either Install the SPSO optimizer or remove those three lines of code from your afl.

4. showing error in these lines

   paramrSetEngine(“spso”);
   paramrSetOption(“Runs”, 1 );
   paramrSetOption(“MaxEval”, 500 );

5. Hi

   I have try to use the above-mentioned afl codes but got following error

   Multi Supertrend V3.0 :

   _N(Title = StrFormat(“{{NAME}} – {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}”, O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));

   paramrSetEngine(“spso”)
   ———————^
   File: ‘Formulas\Drag-drop\Multi Supertrend V3.0. 2.afi’, Ln:52, Col:23
   Error 30.
   Syntax error, identifier ‘paramrsetengine’ is undefined.

   Use ‘Edit Formula’ to correct error”

   Now what should I do to correctly apply these codes?

   Thanks and regards

   1. What Version you are using as SPSO is a optimizer engine plugin which released post 5.7 onwards. May be if you are using older codes you may need to
      remove the optimizer blocks i.e the below lines from the code and try out.

      OptimizerSetEngine(“spso”);
      OptimizerSetOption(“Runs”, 1 );
      OptimizerSetOption(“MaxEval”, 500 );

6. Hi Rajandran,

   I appreciate you do provide Super trend afl code for every new version,
   but why dont you provide code for back testing and back testing setup.

   Could you please share us the link for Lintra and its backtesting code and setup

   1. All the AFL trading system which i provided here supports backtesting. And you can backtesting on your own.
      When comes to lintra its not open source but system is open to use http://www.marketcalls.in/lintra and also available as free addon for
      nimbledataprolite subscribers who subscribe via marketcalls http://www.marketcalls.in/premium/globaldatafeeds/nimbledatapropluslite

      For backtesting and learning about lintra try this webinar http://www.marketcalls.in/workshop/webinar-lintra-intraday-trading-system-system-performance.html

7. I want Supertrend formula in Excel, pls. guide how to do it

8. Thanks a lot.

9. Hi Rajandran,

   I am very big fan of you,to such kind give strategies and i have many time try to talk you but your team not touch you and I have also mail you.please check e-mail and answer me.

10. Could some one explain the values of the below 2 lines

    Factor=param(“Factor”,3,1,4,1);

    Pd=param(“ATR Periods”,14,1,50,1);

    I understood 3 is multiplier and 14 is ATR
    but what about 1,4,1 and 1,50,1

    1. Those are values you can change the FActor and ATR from the external properties box.

       1. Hi Rajandran,

          I was wondering if you could help me with a bit of Amibroker formula please. In the following example I want to explore and find any stocks where “MyF()” condition is true if x is equal to 10,11,12,13,14,15,16 and so on. Perhaps I want to check 100 different periods.

          The code works fine and if MyF(10) is true then the explorer “DayDivG” column will show “10”, if MyF(11) is true then the explorer “DayDivG” column will show “11”, and so on.

          My Question is (if you have the time) is there an easier way to write the formula than having to use multiple OR expressions and IIF functions?

          If you could show an example I would greatly appreciate it.

          Many thanks for your great website and very helpful Amibroker lessons.

          ///////////////////////////////////////////////////////
          MDHist = MACD() – Signal();

          function MyF(x)
          {
          PD = L < Ref(LLV(L,x),-1) AND Ref(L,-x) < Ref(L,-x + 1) AND Ref(L,-x) Ref(MDhist,-x) AND MDHist < 0 AND Ref(MDHist,-x) < 0;

          DivG = PD AND MDHU ;

          Return DivG;
          }

          Setup = MyF(10) OR MyF(11) OR MyF(12) OR Myf(13) OR Myf(14) OR MyF(15) OR MyF(16);

          AddColumn(IIf(MyF(10),10,IIf(MyF(11),11,IIf(MyF(12),12,IIf(MyF(13),13,
          IIf(MyF(14),14,IIf(MyF(15),15,IIf(MyF(16),16,0))))))),"#DivG");

          Filter = Setup;
          ///////////////////////////////////////////

11. Do you provide any AUM services for retail clients?? I am interested in investing with you…

12. How can the trading logic for LX (Long Exit) and SX (Short Exit) be same?

13. How do you backtest contractwise data on Amibroker in the absence of continuous data ,is there a way to stitch the data or is there anything else that can be done,please advice

14. Hi Rajendran,

    Nice example of multi time frame code. Though it is working great, but I am unable to make the code working when I change the timeframe of supertrend, eg. I want to use the 1hr suprtrend in 5 mins chart. It is very very important to me and I am stuck to complete my strategy because of that. Will you please help me on this part ?
    I will be highly obliged if you can throw some light on this.

    Thanks & regards,
    Prady

15. Dear All,

    Could anyone please help me out, “How can I put 15min Supertrend attach into 5min chart”.
    is there any same afl available ???

    With Regards
    Abhishek Nema

16. hrsi indicator formula please

    1. it is already included in the afl code.

17. youer great sir
    youer afl are wrong directions

    1. Hi,

       The posted AFL code is open source. This means anybody can download and can modify it according to their requirements. It is a system trading strategy with a win rate of 40-45%.

       Don’t Expect predictions from Supertrend. A supertrend only makes money in trending markets and loses on sideways markets and it in the long run it generates returns.