Saji and SGM,
Firt a heart felt thanks to you guys to make us understand something out of AFL . Iam pretty new to Ami and learning AFL. So right now you may call me a novice.
I had downloaded the Ichimokku AFL and trying to analyse how it performs and so on. You guys had already beaten this indicator to death i beleive.
Pls have a look on the following zip file. i had attached SRF where i had included this AFL and trying to get signals from it.
First, i beleive that one should make money in long and short. But this indicator is primarily plotting a long entry and exit signal. If you can see the exit signals of this indicator, there is a better probable short signal arising when it is plotting a exit signal. If you can see most of the exit signals, it is primarily showing us a short entry signal for the next two trading sessions. This can be used for entering into shorts.
If someone can tweak the indicator to generate short signals, we can backtest it and see how it performs.
Iam just putting you forth with my analysis. Pls review it and let me know whether iam on track.
Also that if you can see the SRF trade chart, i had put in a range from 1/1/2006 - till date and had generated the report. In this chart, we can see that lots of trades happening around -5ve. I would beleive that the Formula is telling us to exit out within least losses( which is good). But the number of trades happening out of this is higher. Should we have to tweak a little more on this.
Again, just putting you forth with what i think. am still learning....
regards..