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Re: [amibroker] reaction trend system posted in AFL Library



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no suree, it is intended for intraday data. Best to use with violently volatile and heavily traded stocks like AMZN. 

Also of importance is the line:

timebar = Cross(TimeNum(), 155500);

this should be replaced with 

timebar = Cross(TimeNum(), 155900);

then you either use timeframes 5 minutes, 15 minutes or 1 hour.

Note that 155900 assumes you trade on the Nasdaq or other US markets. It is 1-minute before their close time. So if your intraday data uses local time you need to change "155900" to the local time, 1 minute before your market closes. Some positions close at the end of the trading day and if you want to use the system to trade in real-time you will be told 1 minute before the close if you need to close the position.

rgds, Ed
  ----- Original Message ----- 
  From: suree namsiripongpan 
  To: amibroker@xxxxxxxxxxxxxxx ; ed2000nl@xxxxxxx 
  Sent: Saturday, November 13, 2004 5:41 PM
  Subject: [amibroker] reaction trend system posted in AFL Library



  Dear Ed, 

  i just found your code inAFL library about reaction
  trend system. it is quite a long code. my question is
  , can i use with EOD data ?


              
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