Uploaded byMarketcalls
Line Trading Automation - Algomojo Amibroker Module
Line Trading Automation v1.0 for AmiBroker allows users to create horizontal and trend lines that, when triggered, convert into automated trading signals and orders sent to brokers. The module supports multiple entries, targets, and stop-loss levels while preventing duplicate orders and accommodating both intraday and positional trades. Key features include smart exit orders, support for various entry and exit types, and future enhancements for bracket orders and automated trailing stop-losses.
Line Trading Automation - Algomojo Amibroker Module
- 1. Line Trading AutomationV1.0 Algomojo Automation for Amibroker Users
- 2. Requirements ● Algomojo Subscription(Free/Paid) ● Amibroker 6.0 or Higher ● Realtime Datafeed Subscription www.algomojo.com
- 3. What is LineTrade Automation 1.0? • Draw Horizontal Lines or Trend Lines in Amibroker and When the levels are touched then the Line Trade Automation Module will convert into signals and orders will be transmitted to the broker automatically. • Module Supports Multiple Entry, Targets, Stoploss levels can be drawn and convert into orders, Supports pyramiding. • Module prevents placing multiple orders at the same signal • Supports Intraday and Positional Trades • Supports 3 Long Entry, 3 Long Exit(Target/Stoploss), 3 Short Entry, 3 Short Exit (Target/Stoploss) Line based trading. www.algomojo.com
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- 5. Smart Exit Orders •Smart Orders are enabled while exiting the position. • If there are no open positions and if exit orders are triggered then those orders are smartly ignored. • Provision to close only Current Quantity and All Open Positions is provided so that traders can flexibly use their own exit methods www.algomojo.com
- 6. Types of Entryand Exit Buy (B) Long Entry Sell (X) Long Exit Short (S) Short Entry Cover (C) Short Exit www.algomojo.com
- 7. Types of Entryand Exit TrendLines Buy Above Buy Below Sell Above Sell Below Short Above Short Above Cover Above Cover Below www.algomojo.com
- 8. Types of Entryand Exit TrendLines Buy Line B1, B2, B3 Sell Line X1, X2, X3 Short Line S1,S2,S3 Cover Line C1,C2,C3 www.algomojo.com
- 9. Drawing Trend Lineand Assigning Study Name
- 10. Pyramiding and PyramidingSettings with Targets
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- 12. Roadmap ● Building BracketOrders with stoploss and targets automatically ● Automated Trailing stoploss based exit ● Converting Mouse clicks over the charts to automated trend lines with stop/target/trailstop controls www.algomojo.com
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Editor's Notes
- #14 Mantra = Simple way of capturing our essence. Everything we do should be judged against this mantra. Are we magically simplifying wealth creation in everything that we do? In every internal action & external interaction?