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Has anyone developed an AFL trading formula for the following
indicator generously supplied by Marc Valley? Visual buys and sells
appear on the indicator, It would be nice to backtest and posssibly
optimize for individual stocks.
All input welcome, AFL trading formula, Optimization.. etc....
Thanks
Jim
/* Asymmetrical Deviation Bands v1 */
/* Author Marc Valley 2003*/
//MaxGraph = 8;
HUB = BBandTop(High, 24, .20);
LUB = BBandTop(High, 15, .50);
LLB = BBandTop(Low, 8, 1.00);
G1 = DEMA(Avg,8);
//G4 = DEMA(Close,4);
SUB = BBandBot(High, 16, .50);
SLB = BBandBot(Low, 16, .25);
Plot(HUB ,"HUB ",7,4); // YELLOW LINE
Plot(LUB ,"LUB ",2,4);
Plot(LLB ,"LLB ",4,4);
Plot(G1 ,"G1 ",1,4); //BLACK
//Plot(G4 ,"G4 ",5,4);
//Plot(SUB ,"SUB ",colorOrange,4);
Plot(SLB,"SLB",5,4);
//Plot(Peak(G1,1,1),"Peak",4,4);
//Plot(Trough(G1,1,1),"Trough",5,4);
Plot(Cross(G1,Trough(G1,1,1))*G1,"Entry",5,6);
Plot(Cross(Peak(G1,1,1),G1)*G1,"Exit",4,6);
GraphXSpace = 2;
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