Please start a thread about your system. As you have seen, the members here are more interested in systems and strategies than "tips". I think that some of the requests for AFL may be for testing purpose. I am not using Amibroker so the AFL is of no interest to me, but will be looking forward to testing it in sharekhan TT.
Thank you for your appreciation and encouragement. However for any meaningful discussion we atleast need 5-7 members who can actively research and work on system. As this is a simple trend following system, we can start discussing basic (but important) aspects of trend following system like...
1. How to define start & end of primary trend
-- I consider this at cross over of certain EMAs
2. How to define pull backs & retracements (for re-entries)
-- I currently use mean reversion logic for this
-- Also I'm working on logic to re-enter into trend where I've stopped out due to tight stop or momentary volatility
3. How & where to define stops (priamry & trail)
-- I define primary stops based upon volatility & my risk profile
-- However for me currently stops are optimized numbers, I should convert them into some formula (working on ATR or VWAP for this)
4. How to define initial positions / How to add position once trend is in your favor
-- I've yet to work on this part
5. Other misc. topics
-- Whether to excersie hedging (using options) for initial entries / overnight positions etc.
-- Whether to start with synthetic positions to start and once trend is clear & in our favor ... have clear and naked position
-- how to deal with roll-overs & sudden change due to premium difference
-- how to deal with time changes & data inconsistancies
-- any this else that imrpoves system performance
And above all keeping system simple & visual that anybody can understand signals in first glance.
Let me know who all are interested. Let's build resource library (books, forums, blogs, video etc.) for following topics.
Trend following systems
MA cross over systems
AFL programmers
Backtesting & analysis
Regards,