APIBridge, Amibroker
This tutorial shows how Best SuperTrend Multiple ATR AFL can be used on charts of Amibroker to Trade
Strategy Premise
A default Supertrend indicator is a great tool to clearly identify the trend. It calculates the offsetting Average True Range (ATR) to create an upper and lower band around prices. The direction of the trend decides by further using a stop-and-reverse trailing stop loss and then resetting the upper/lower bands when the TSL breach
Strategy Logic
Buy Condition: when both ST1 and ST2 indicate uptrend (both generate Buy signal at same time)
Sell Condition: when either of ST1 or ST2 indicates downtrend
Amibroker Settings
1st Step: Make sure you have completed Jump Start setup
2nd Step: Download AFL from here. In Amibroker, Go to Formula editor and paste the AFL here.
3rd Step: Add Separate Entry Exit Automation AFL after strategy AFL to the AFL and hit Apply.
4th Step: Right Click on the chart and go to Parameters to adjust the inputs of the strategy.
Finally, this article demonstrated how to trade in the financial market using the Best SuperTrend Multiple ATR Trading System on the Amibroker platform.
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