How is AmiBroker’s AFL code used to create a trading journal?

There are no dedicated options to create custom indicators in AmiBroker. However, AFL offers higher customization in technical indicators.

Advanced statistical analysis in AmiBroker is possible with AmiBroker Formula Language (AFL). This scripting helps traders to implement advanced statistical analysis using available charting features.

As AmiBroker majorly is a technical analysis software, some key steps are required to follow to import and analyze fundamental data. Here are they:

• Obtain data in Excel or CSV format.
• Prepare data by cleaning and structuring it.
• The import wizard of AmiBroker is used to load data.
• Use external sources to store the available data.
• AFL script and technical indicators are used to analyze and integrate the data.
• Use custom charts for fundamental analysis.
• Generate reports using AFL programming.
• Use API for updates and check data accuracy regularly.

No, AmiBroker has no dedicated portfolio risk management tools. However, you can use its AFL programming to mitigate risk. Moreover, you can also create custom risk management strategies using this scripting. This enables you to analyze portfolio risk.

The major features for intraday trading analysis in AmiBroker are the following:

• High-resolution data handling
• Real-time chart updates
• Intraday-specific indicators
• Custom Alerts