Small Trend Catcher Scalping - aflcode.com | Latest collection of Amibroker afl 2023

How to use Small Trend Catcher Scalping Amibroker afl?

Small Trend Catcher Scalping is ideal for scalpers who trade very small movements with huge money. It generates buy and sell signals frequently based on candle analysis. Small Trend Catcher Scalping is not suitable for short term or swing traders. It works well in lesser time frame up to 15 minutes.

Small Trend Catcher Scalping

//www.aflcode.com
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();

_SECTION_BEGIN("Krishna System");
R = RSI(3);
SK = StochK(8, 3);
SD = StochD(8, 3, 3);
MH = MACD(8, 21) - Signal(8, 21, 5);

//Conditions for Buying

Cond1 = ValueWhen(C,O<C);
Cond2 = R > 50;
Cond3 = SD < 80 AND SD > Ref(SD, -1);
Cond4 = MH > 0 OR (MH < 0 AND MH > Ref(MH, -1));

//Conditions for Selling

Cond5 = ValueWhen(C,O>C);
Cond6 = R < 50;
Cond7 = SD > 20 AND SD < Ref(SD, -1);
Cond8 = MH < 0 OR (MH > 0 AND MH < Ref(MH, -1));

Buy =  Cond1 AND Cond2 AND Cond3 AND Cond4 ;
Sell =  Cond5 AND Cond6 AND Cond7 AND Cond8 ;

Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);

PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,Low,-15);  
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorYellow, 0,High,-15);  


SetPositionSize(300,spsShares);
ApplyStop(0,1,10,1);
//-----------end--------------
Long=Flip(Buy,Sell); 
Shrt=Flip(Sell,Buy); 

BuyPrice=ValueWhen(Buy,C);
SellPrice=ValueWhen(Sell,C);


Edc=(
WriteIf (Buy AND Ref(shrt,-1), " BUY at "+C+"  ","")+ 
WriteIf (Sell AND Ref(Long,-1), " SEll at "+C+"  ","")+
WriteIf(Sell , "Last Trade Profit Rs."+(C-BuyPrice)+"","")+
WriteIf(Buy  , "Last trade Profit Rs."+(SellPrice-C)+"",""));
_SECTION_END();

_SECTION_BEGIN("Background text");
C11=ParamColor("up panel",colorDarkOliveGreen );
C12=ParamColor("dn panel",colorDarkGrey );
C13=Param("fonts",20,10,30,1 );
C14=Param("left-right",2.1,1.0,5.0,0.1 );
C15=Param("up-down",12,1,20,1 );
Miny = Status("axisminy");
Maxy = Status("axismaxy");
lvb = Status("lastvisiblebar");
fvb = Status("firstvisiblebar");
pxwidth = Status("pxwidth");
pxheight = Status("pxheight");
GfxSetBkMode( 0 ); 
GfxSetOverlayMode(1);
GfxGradientRect(0,0,pxwidth, pxheight, C11, C12 ); 
GfxSelectFont("Tahoma", Status("pxheight")/C13 );
GfxSetTextAlign( 6 );
GfxTextOut( "LTP "+WriteVal(C,1.2), Status("pxwidth")/C14, Status("pxheight")/C15);
GfxSelectFont("Tahoma", Status("pxheight")/C13*0.5 );
GfxTextOut( " Murali Krishna", Status("pxwidth")/C14, Status("pxheight")/C15*4 );
GfxSelectFont("MS Sans Serif", 10, 500, False, False, 0);
GfxSetTextColor(colorYellow);
GfxTextOut(""+edc+"", Status("pxwidth")/1.15, Status("pxheight")/C15*0.3 );