Trend Blaster Beta Version Trading System For Amibroker Developed, tested and shared by Mr. Indrajit Mukherjee MD & CEO Stockmaniacs Research & Systems Pvt Ltd
Website: www.stockmaniacs.net SMS: +91-9674321856 Call: +91-33-65482883 Twitter: http://twitter.com/#!/stockmaniacs Facebook: http://www.facebook.com/stockmaniacs
This system is the preliminary development or a beta test of our flagship TM trading system Trend Blaster and is developed by us on Amibroker platform using some simple yet powerful trend following indicators. We have named it as Trend Blaster Beta Version. Though the fully developed version if much more robust and mechanical the beta test is equally good for newbies. What are the pre-requisites of the system: This system is designed for 5 minutes or longer time frames, it’s a trend following system that just ride the trend to the maximum profit, you can use shorter time frames but you will be exposed to more market noise, this system works perfectly in 5 minutes to hourly time frame. This system is made of two basic functions: 1º: Determining the actual trend (The SAR) 2º: Determining when to take a position (The ATR stops). -------------------------------------------------------------------------------------------ATR stop line = the pink or turquoise line; SAR = The dots.
Now let’s go directly to the rules: Up trend: -ATR stops must be below the charts, its easy to spot a reversal of the atr stop, if the close of the bar is below or above the atr stop line, it means a
reversal, it’s the close and not the high or low of the bar that determines that; -The dots in the chart must be blue; -MACD indicator must be in blue color or above zero; -AO indicator must be blue or above zero; -Bar color indicator must be blue. Down trend: -ATR stops must be above the charts, it’s easy to spot a reversal of the atr stop, if the close of the bar is below or above the atr stop line, it means a reversal, it’s the close and not the high or low of the bar that determines that; -The dots in the chart must be red; -MACD indicator must be in red color or below zero; -AO indicator must be red or below zero; -Bar color indicator must be red. The rules we wrote above is just for determining the trend and not when to take a position, to take a position you must be with right momentum, indicators will tell you that. The main indicator for trade activator is the bar color, this indicator shows three areas: Blue = up trend; Red = down trend; Grey = neutral.
As you know this is a trend following system, so you want to ride the trend. The ATR line is for taking profits, the SAR line is for initial stop loss, the stop loss and take profit are dynamic, they changes through the development of the trend. Amibroker formulas can be downloaded from http://www.stockmaniacs.net/downloads/afl/trend-blaster-free.zip Download the zip file, extract and paste all afl (Amibroker formula language) files in your Amibroker’s formulas folder to load the system. Your comments to our mail id
[email protected] in this regard will be highly appreciated and will open up a discussion. Want to test a more robust trading system? We know 80% of traders lose money in the stock market due to not trading mechanically. Stop guessing the market anymore. Try Trend Blaster Trading System for Amibroker. To test it free for 2 days visit http://www.stockmaniacs.net/trendblaster.html
Trend Blaster Advantage: •
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Fully mechanical system, no guesswork involved. Both Stop and reverse and non stop and reverse option. So it has stop and reverse option optional in parameters.
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Non stop and reverse will save you from entering false trades in sideways market. Contains Trend Blaster and Trend Blaster Lite. Lite version even works with Amibroker 5.00. Show stop loss line optional, new addition. BIGGER AND BETTER COMMENTARY IN COMMENTARY BOX. VV IMP: INTRODUCTION OF TARGETS. Aggressive and conservative mode for non stop and reverse, new addition. Close positions end of day for day traders. Improved support and resistance, automatic S&R levels, better than older system. Voice alert, Email alert, new addition. Change market close time, so can be used for NSE and MCX and even forex etc, new addition. Improved explorer with targets, stop loss and strong or weak signals. Its important to know when not to trade than when to trade. Trending bands, crossover and fibonacci levels optional in parameters. Works on all time frames, so suited for intraday trading, positional trading as well as investment. Multi time frame approach, keeps an eye on higher time frame trend. No need of waiting for candle close in non stop and reverse, entry and exit immediately if signal comes (so some time momentum trades are also captured). Same parameters tested for last 4 years (Capital Rs. 50000, trading 1 lot Nifty) and brokerage adjusted returns in initial testing are: 2008 227%, 2009 - 179%, 2010 - 89%, 2011 - 129%.
To test it free for 2 days without any obligation please visit http://www.stockmaniacs.net/trendblaster.html
