Marketcalls

Simply Intelligent Technical Analysis and Trading Strategies

Volatile Phases – Colorful ADX Amibroker AFL Code

by 4 Comments

Visualizing volatility gives us an impressive idea about the nature of the ongoing phase (Sideways, Volatile, Trending) and accordingly one can justify how to position in the market. Here is the Amibroker AFL code color-coded with different volatile phases to identify various market phases

Code Snippet : ORB – Open Range Breakout Levels – Amibroker AFL Code (Better Version)

by 6 Comments

Open Range Breakout is a simple strategy which monitors first 5min / 15min / 15min / 30min / 60min range from the start of the market. From the opening high range and low range is calculated for the specified timeframe. Most of the AFL code found on the internet is either buggy or not suitable for building back-testable trading systems. To solve this issue we are releasing a prototype for ORB – Open Range Breakout Levels. On top of this indicator now traders can built backtestable trading systems.

How to Get Moneycontrol News Snippets into Amiboker?

by 2 Comments

Getting the newsfeed directly into my favorite charting software is always been interesting to me. If you are a news-hungry trader/investor possibly you may be also thinking in the same front as it increases productivity while trading hours rather than opening a separate portal and scrolling through the newsfeed one by one. It also helps you to have a quick overview of the market before the market starts and the quick market summary post market hours as well.

Trading the Previous Day High and Previous Day Low Breakout – Do Simple Strategies Really Work? [Part1]

by 4 Comments

Do simple strategies really work in Indian Markets? This curiosity arises when one of our Amibroker Mumbai Participant comes up with a simple trading strategy. Hence the tutorial series, Do Simple Strategies Really Works?. This tutorial series explores the space of simple rules, easy to practice, easy to adapt and the to explore if there is any real edge with the simple rules.

Absolute Monthly and Yearly Profit/Loss Table – Amibroker AFL Code

by 7 Comments

while back-testing by default Amibroker provides Profit Table in Compounded percentage terms. However the profit table can be customized according to ones requirement. Rather than doing a month on month back testing and recording the returns manually one can simply custom design the Profit Table to automate his requirement.

Introduction to Backtesting a Trading System using Amibroker

by 5 Comments

Backtesting is a simple process which helps a trader to evaluate his trading ideas and provides information about how good the trading system performs on the given historical dataset. It talks a lot about the behavior of the trading system, risk involved in trading a particular trading system and lot about trading system performance. Here is a video tutorial with step by step guide on how to perform a simple backtesting using Amibroker.

Supertrend Multi Timeframe Based Trading System – Amibroker AFL Code

by 25 Comments

Here is the first prototype from Marketcalls which demonstrates multi-timeframe based trading system which compares two timeframes (5min and hourly in this case) and takes a trade decision based on both the timeframes. To demonstrate with simple example we used supertrend on 5min timeframe and Hull RSI on the hourly timeframe to filter unwanted trading signals.

Hull ROAR – Rate of Annual Return Amibroker AFL Code

by 5 Comments

Hull ROAR indicator helps in identifying the fastest raising shares and filters it out of the fastest rising shares. Hull ROAR is the brainchild of Alan Hull (author of active investing). ROAR stands for Rate of Annual Return. The rate of annual return is calculated by taking the annual increase in price activity and dividing by the current share price. The result is multiplied by 100 to convert it to a percentage.