The document outlines a workshop on using AmiBroker for technical analysis and highlights the author's background as a trader and algo system designer. It emphasizes the use of automation, custom indicators, and the importance of mechanical models in trading, while advising against reliance on traditional indicators and news. Additionally, it discusses various trading strategies, timeframe selections, and performance metrics to enhance trading effectiveness.

1. Coimbatore Amibroker Workshop
Simply Intelligent Technical Analysis
rajandran@marketcalls.in
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2. About Me
• Futures Trader, Algo System Designer.
• Author of www.marketcalls.in since Sep 2007
• Interested in Creating Trading Systems and Automated
Web Applications
• I love People hanging at my site.
• More www.marketcalls.in/about
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3. Day 1 Agenda
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4. Day 2 Agenda
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5. No Subjective Interpretation
• No Trend Lines
• No Gann
• No Fibonacci
• No Elliot wave
• No Trading Patterns
• No Divergence
• No News
• No Fundamentals
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6. Why Amibroker?
• Ease of Use
• High Speed Execution
• Supports Autotrading
• Custom Timeframe
• Multi Timeframe Support
• Backtesting, Optimization
• Scanning and Exploration
• Custom Indicators (AFL Programming)
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7. AFL Basics
• AFL is an array processing language. It operates on
arrays (or rows/vectors) of data
• O – Open
• H – High
• L – Low
• C- Close
• V - Volume
• Ref(c,-1) – Previous Close array
• MA(C,10) – 10 day moving average
• Cross(C,EMA(c,10) – Candlestick crossover with 10 days
EMA line
• Barcount – returns the total number of bars
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8. Plot Lines
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9. Trading System Rules
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10. Buy & Sell Indications
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11. Trading Setup
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12. Multitimeframe Support
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13. Multitimeframe Support
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14. Stop Using Colurful Indictors
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15. Stop Using Text Book Indicators
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16. Traditional 200MA
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17. Start using Mechanical Models
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18. Why Trend Trading
• Slow and Consistent Profits in long term
• Lower Risk even with moderate winning ratio.
• Allow you to follow Discipline in Markets
• Reduces Emotional Trading
• Especially works with NSE Indices and Stocks(High
Beta)
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19. Repainting Indicators
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20. Non Repainting Indicators
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21. Choosing Right Timeframe
• Day Trader : 1– 10min Charts
• BTST Trader : 15min – 30min Charts
• Positional Trader : Hourly Charts
• Medium Term Investor : Daily Charts
• Long Term Investor : Weekly Charts
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22. Which Timframe to Adopt
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23. Higher the Timeframe
Higher the Risk
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24. Lower timeframe has low
risk more trades and more
profits
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25. Pay Attention to Volatility Index
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26. Understanding Equity Curve
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27. Importance to Drawdown
• The peak-to-trough decline during a specific record period of an
investment, fund or commodity. A drawdown is usually quoted as the
percentage between the peak and the trough.
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28. Trading System Once Broken
Will Never Work Again
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29. Performance Metrics
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30. Performance Metrics
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31. Performance Metrics
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32. Benchmark Metrics
• Net Profit, Net Profit % - bad < 0, good > 0
• Annual Profit %, bad < 0, neutral betwen 0 and 10, good > 10
• RAR % bad < 0, good > (10 / Exposure)
• Avg. Profit/Loss all trades (Expectancy $) - bad < 0, good > 0
• Avg Profit/Loss % all trades (Expectancy %) - bad < 0, good > 0
• Max. system % drawdown - bad: dd worse than -30%, neutral:
dd between -30 and -10%, good - -10% to 0%
• CAR/MaxDD, RAR/MaxDD - bad < 1, neutral between 1 and
2, good > 2
• Recovery factor - bad < 1, neutral between 1 and 2, good > 2
• Payoff ratio - bad < 1, neutral between 1 and 2, good > 2
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33. More the VIX more the money
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34. Should I have to book Partial
Profits?
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35. Longer Duration Markets
affects Profitability
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36. Backtesting Report
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37. Intratrend – Equity Curve
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38. Intratrend - Drawdown
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39. Few Concepts
• Market Making
• HFT
• Dark Pools
• Deal Booking
• Proprietary Trading
• Hedge Funds
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40. Trading the Equity Curve
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Buy Sell Logic
Feedback
Logic
Final Equity Curve
Equity Curve
Feedback
Start/Stop

41. Refrence :Trading the Equity Curve
• http://www.blueowlpress.com/WordPress/code/eq
uity-curve-feedback/
• http://www.futuresmag.com/2012/10/24/analyze-
your-equity-curve
• www.traderji.com/advanced-trading-
strategies/92982-crude-oil-10-ema-reverse-strategy-
5.html
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42. Stop Playing Martingale
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43. Traditional Style
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44. Importance to Psychology
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45. Don’t’s
• Trading with Others Money or Taking Loan
• Searching holy grail. “There is no secret sauce”
• Correlating Trading with News
• Correlating Trading with Fundamental Factors
• Trading with Wrong timeframe
• Searching for the paid signals/Indicators
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46. Do’s
• Try to Follow Mathematical Models
• Understanding the nature of Trading System
• Back testing,Optimization
• Practice your strategy with Indices and Top traded
stocks
• Treat Trading as business not as gambling factor
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47. Resources
Marketcalls Library
www.marketcalls.in/library
www.marketcalls.in/category/amibroker
Amibroker Library
https://www.amibroker.com/library/list.php
Wise Stock Trader Library
www.wisestocktrader.com
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48. Forums Talking about
Amibroker
Traderji
http://www.traderji.com/amibroker/
Inditraders
http://www.inditraders.com/amibroker/
Aussiestockforums
www.aussiestockforums.com/forums/forumdisplay.ph
p?f=24
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49. Social Profiles
• Facebook - www.fb.com/marketcalls
• FB Group - www.fb.com/groups/marketcalls
• FB (Pers) - www.fb.com/rajandran.r
• Twitter - www.twitter.com/marketcalls_
• Youtube - www.youtube.com/user/marketcalls
• Skype - rajandran.r
• Linkedin - www.linkedin.com/pub/rajandran-
r/95/32/20a
• Phone - +91 9611786519
• Mai l - rajandran@marketcalls.in
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50. Marketcalls Support
• Amibroker Pricing
www.marketcalls.in/services/amibroker
• Globaldatafeed NSE FNO, NSE FX and MCX Futures
Realtime Datafeed Pricing
www.marketcalls.in/services/globaldatafeeds
• Customer Support – 09738383344/09738384433
• My Contact - 09611786519
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51. Amibroker Freelancers
• Raminder - 08390313603
• Dinesh - 09890817311
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52. Thank You!
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