This code helps in NR7 exploration and the result gives the follow Qs = StrFormat('%.2f,%.2f,%.2f,%.2f,%.0f ',ĭo you want the afl for extracting data in Ninja format in Amibroker or have you given the code for the same?:dontknow: ,see in the pic below exported data on the left and data which I am importing on the right. Make sure %K faces upwards and starts travelling from 20 towards 100įriends I am using below AFL to export Tick data from Amibroker The above trade can be confirmed with the help of stochastic indicator as this too is a trend reversal indicator.

In this method, as the stoploss is very small, target can be same or double the stoploss. Please note that the last candle which touches the lower band must be taken into consideration as primary candle Note: At times continuously 4 to 5 candles touch the lower bollinger band. Trade candle - Initiate the buy/long trade and place stoploss just below the low of first candle. All these 3 features indicate that the stock is tending higher taking strong support at bottom. Very important to note that the secondary candle do not touch the lower band. It must be a bull candle and close above the previous one. Secondary candle is the one next to primary candle. It must be noted that the colour of the primary candle is NOT inportant, can be green or red. Primary candle is the last candlestick which touches the lower band during its fall. When markets fall, many candles touch lower bollinger band continuously. In this strategy we take three candles into consideration before commencing any trade. Pls write afl for the below conditions and image.ĭay Trading Technique using Bollinger Bands

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