Most advanced Line trading AFL template

Line trading AFL is for all the price action lovers who want to execute trades as per your desired levels. Our template has taken this setup a step ahead. You can now have upto 24 levels on a single chart.

This is how to AFL works, you can draw trendline or Horizontal lines on Amibroker chart. To activate the template just drag and drop Algofox Line template and then click on the trend line/horizontal line and assign Study ID.

Study ID is a 2 alphabet code given to trigger a particular order type.

You can set up to 3 levels of Buy, Sell, Short and Cover.

Here are the study ID and their functions :

BA : First Levels of BUY

BB : Second Levels of BUY

BC : Third levels of BUY

XA : First Level of SELL

XB : Second Level of SELL

XC : Third Level of SELL

SA : First Level of SHORT

SB : Second Level of SHORT

SC : Third Level of SHORT

CA : First Level of COVER

CB : Second Level of COVER

CC : Third Level of COVER

And there are two types of entry and exit, one when price crosses above the line

and other when price crosses below the line.

You can also choose custom quantity to enter and exit at each level.

This template also works on all indicators and scrips.

To learn how the entire template works watch the video here :