SH's Intraday Strategy - ELH5

As I see most of the time stopped out price is much lower than 20 points..... as opposite signal is already generated B4 price goes 20 point in opposite direction. And I'm sure SH will come out with some system(if any) to avoid fixed point profit target that will allow us to ride the profit wave................
This is correct.

I have kept 20 point risk for a worst case scenario where we get a huge 5 minute candle due to some adverse news etc.

For 90% of trades, I do not expect more than 10-12 point loss due to our entry at EMAH.

We make make amends in this strategy and make it a tighter plan as we go along and learn everyday from markets.

Cheers
SH
 

VJAY

Well-Known Member
again hit target:)
 

VJAY

Well-Known Member
One can use following afl for amibroker for trigger only if he is having live data..

/////SH Intraday Statregy - ELH5/////////////////
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) )
{
ToolTip=StrFormat("Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 )));
}

Plot(a=EMA(H,5),"H5",1,1);
Plot(b=EMA(L,5),"L5",1,1);

Buytrigger = C>a AND Ref(C,-1) > Ref(a, -1);
selltrigger = C<b AND Ref(C,-1) < Ref(b, -1);

shape=Buytrigger*shapeUpArrow + selltrigger*shapeDownArrow;
PlotShapes(shape,IIf(Buytrigger,colorBlack,colorBlack));

//////////////end of code///////////
Dear friends,
Can any one make change colour of emaH & emaL lines.....please guide here...
 
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VJAY

Well-Known Member
bought...@5993
 
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