The Foundation Southwind AFL

Here is an interesting and colourful AFL code which i found it over the web coded by Mr.Southwind (Dont know who he was… But simply the AFL code reads so). This is a very simple and easy afl for beginners.

The Foundation by Souwind AFL

It is a combination of many good indicators. When i explored the AFL code it contains the Heiken Ashi candle and as usual ATR trailing stop loss line along with the Heiken Ashi candle. And more technical indications like Support-Resistance Pivot Basic Stochastic ,RSI, MACD, ADX and few more technical interpretations on the left side of the charting space. At a first time giving a impression that the trading system is much complicated. But it all just a combo Package of simple trading interpretations. Moreover I hadn’t explored much with this indicator. If you have free time then just go through the indicator.

The color of the Heiken Ashi candle shows blue color for the uptrend and yellow for the sideways trend and the red color to indicate the downtrend. The Colored Candles of  nifty daily chart is shown above.

Download The Foundation Southwind AFL

To Install this indicator
1) Extract the Foundation-Int.rar and save it in your local Hard disk drive
2) Copy JurikLib.dll and kpami.dll and paste it in your Amibroker Plugin folder which is by default C:\Program Files\AmiBroker\Plugins
3) Copy T3_include.afl to the AFL formula-include folder which is by default C:\Program Files\AmiBroker\Formulas\Include
4) Copy The Foundation v13.00.afl and paste it in AFL formula-custom folder C:\Program Files\AmiBroker\Formulas\Custom
5) Now to view the charts Open Amibroker and goto File->New->New Chart
6) Then goto View->Charts and select the afl from the left plane under the Custom folder
7) Then set the background to black. To do so goto Tools->Preference and select the color tab and set the background color to Black

Its all done now the colourful AFL is ready! 

If you have any query regarding the installation feel free to ask.

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Alligator + Bull vs Bear Volume

In this picture two afl's have been used. One is Alligator and another is Bull vs Bear volume afl.

First part of this picture is an accurate Alligator indicator based on the mid price and smoothed as Bill Williams specifies. This Alligator is also projected into the future as Williams prefers. We have discussed earlier about Alligator Trading system earlier, please see our previous post to know about alligator system.

Alligator and Bull vs Bear Indicator

The second part of the picture is a Bull vs Bear volume indicators.
The green bars indicates Bull volumes and red bars indicates bear volumes.when the green bars crosses red bars upwards indicates buy signal, when the green bars crosses red bars downwards indicates a sell signal. please see the red circles in the above pictures for reference.

(provides a more easily visible display of rising and falling bull/bear
volume convergence) – toggle via parameter window
-posiitive Volume exceeding negative Volume: Light shadow
-negative volume exceeding positive volume: dark shadow
-if you use standard gray background – best shadows are:
-my greys: 14 = (216, 216, 216); 15 = (168, 168, 168));
-best substitute? using AB color constants?
-light: colorpalegreen; dark: colorRose;?
-(depends on your color scheme – customize to your tastes)

AFL: Download the Alligator Indicator , Bull vs Bear Volume Indicator Afl's (to download click on afl name) (download this afl file, unzip and paste it in custom folder under Formals in AmiBroker)

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Price Breakout Detection Exploration for Amibroker (AFL)

This is a very good formula developed by Rasheed to show horizontal support and resistance lines to detect price breakouts. The formula was then modified by NWTrader to add exploration for breakouts. I also made some minor modifications to the code to make it look better.

Here is a screenshot of how the indicator looks:

Bullish Breakout

AFL: Price Breakout Detection (to download afl click here) (download this afl file, unzip and paste it in custom folder under Formals in AmiBroker)

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Technical Indicator: William Alligator for Amibroker

This is an accurate Alligator indicator based on the mid price and smoothed as Bill Williams specifies.
This Alligator is also projected into the future as Williams prefers.
Here is a screenshot of how the indicator looks:

Alligator Indicator

  Bill Williams describes the Alligator as being like a compass which keeps your trading in the right direction. The Alligator helps you spot a real trend and stay out of range-bound trading, which always result in losses. The Alligator is the combination of three balance lines:

Alligator’s Jaw (the blue line) – 13-period moving average at the mid price (High+Low)/2, which is offset 8 bars into the future;

Alligator’s Teeth (the red line) – 8-period moving average at the mid price (High+Low)/2, which is offset 5 bars into the future;

Alligator’s Lips (the green line) – 5-period moving average at the mid price (High+Low)/2, which is offset 2 bars into the future.

What the Alligator does?

The Alligator identifies trending & non-trending markets. It also specifies the direction of the trend.

Basic Rules

If all three lines are intertwined, the Alligator is asleep and the market is range-bound. The longer it sleeps, the hungrier it gets. When it wakes up from a long sleep it chases the price much farther, therefore price movements are much stronger.

When the Alligator is asleep, stay away.

If the Alligator is not asleep, the market is either uptrending or downtrending:

- if the price is above the Alligator’s mouth then it’s an uptrend;
- if the price is below the Alligator’s mouth then it’s a downtrend.

Once the Alligator wakes up, it opens its mouth (the three lines diverge) and starts hunting. Having eaten enough, it goes to sleep again (the three Lines converge), so it’s time to take profits.

Quick tips how to use "William Alligator" 
Buy when candelstick is above the blue line (jaws) / Pass Jaws line.
Sell when candelstick is under / pass jaws line.

AFL: Alligator Indicator (to download afl click here) (download this afl file, unzip and paste it in custom folder under Formals in AmiBroker)

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AFL for AmiBroker

A very powerful Buy and Sale afl, please have a look at this afl:

You should paste following code in your AmiBroker custom afl section and check its performance.

Buy = Cross( MACD(), Signal() );
Sell = Cross( Signal(), MACD() );

 // trade on next bar open
SetTradeDelays( 1, 1, 1, 1 );
BuyPrice = SellPrice = Open;

 // trade size: 25% of current portfolio equity
SetPositionSize( 25, spsPercentOfEquity );

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