Zig-zag with buy and sell signals-auto trend lines-sound alerts AFL for amibroker
- one of the free but best AFL is seen.this AFL calculate exact reversal points on chart given buy and sell signals with green and red arrows.
- red candles mean downtrend and stay short while green candles means bullish trend and stay long.
- downside red lines is support line and also act as target in sell signal.while upside green line is resistance and act as target line on buy signal.
- work best with 10-15 min chart time frame and zig-zag value more than 1.2!
- only in range bound market small losses can our as trend remain stuck but if follow continuously then can catch big bull-bear runs.
How to Apply Amibroker AFL:-
- down AFL from this page
- keep it in custom folder in amibroker directory.its default path is at C:Program FilesAmiBrokerFormulasCustom
- open amibroker software>open black chart>choose script to open and then double click on Zig-zag with buy and sell signals-auto trend lines-sound alerts AFL to apply it.
- in parameter set zigzag value above 1.25+ and use 10-15 min chart timeframe.
Zig-zag with buy and sell signals-auto trend lines-sound alerts.afl-Download