I need to create customized technical tool in Amibroker.
Though the concept is very simple, coder must know the Amibroker AFL language and basic knowledge of Stock Market Charts.
Here are the details of what needs to be done: -
I already have code installed in the formula editor and in the process of back testing it. A few things need to be done:
1. Today, the code just shows buy and sell signals. Would like to automatically execute trades, including long/short orders, with stops and profit potentials.
2. Would like trade 3 lots, 2 to be sold on profit target and 1 to be held for further appreciation and closed upon reversal signal. Trading on a 1:2 risk reward ratio. All 3 lots to be sold on hitting the stop loss
3. Trading presently in Futures on the India market, so each futures might have different lot sizes.
4. Present code uses 10 min charts.
The file is attached for the chart.
Can you please revert back?