Happy To Be Here & About Automated Trade Process

[nilu_2005]

Hello,

This is my first post to this forum. I am glad that I found this very special site. I was looking for Amibroker & AFL related forum. I want to develop automated trading system for Amibroker. I have written some AFL buy/sell triggering method to activated my automation process.

Here is sample triggering method :

fh = fopen( "1EQUITYBUY.text", "w");
if( LastValue( Buy ))
{
fputs("[1,EQITY,BUY]", fh );
fclose(fh);
 
}
else
{
printf("Error opening file");
fclose(fh);
}


fs = fopen( "1EQUITYSELL.text", "w");
if( LastValue( Sell))
{
fputs("[1,EQUITY,SELL]", fs );
fclose(fs);
 
}
else
{
printf("Error opening file");
fclose(fs);
}

Problem with this type of trigger is that whenever say 5 minute candle show buy signal , when real time  tick value from that 5 minute candles crosses stop loss line. But some time some of the tick values again cross that stop loss line in opposite direction. This lead into false buy signal or sometime to many buy signals. I want to filter this problem in my trading system. I do have solution but it's not good for automation process. That method is, I can wait that 5 minute candle to form completely with clear buy/sell signal, then trade accordingly. But sometimes it lead into entering into trade too late. How improvise this problem. If anyone has suggestion please let me know.