: It can read AmiBroker’s calculated position sizes directly, ensuring precise risk management on every trade. Step-by-Step Installation and Configuration
To filter out false breakouts, you can combine S/R levels with other indicators. For example, a breakout might only be considered valid if the Relative Strength Index (RSI) is above 50, indicating bullish momentum. Similarly, a volume spike accompanying a breakout can serve as a powerful confirmation.
AmiBroker is widely regarded as one of the most powerful and flexible charting and technical analysis platforms available to individual traders. Its lightning-fast backtesting engine and robust AmiBroker Formula Language (AFL) allow traders to create sophisticated strategies. However, turning those backtested strategies into real-time, executed trades requires a reliable bridge to a brokerage platform. Enter .
Designed specifically to reduce slippage and technical failures. brokey for amibroker
Found directly alongside the main executable Broker.exe , Brokey.dll operates as a central background validation file alongside other required subsystem infrastructure files like CoolTool.dll and MiscTool.dll . Understanding how Brokey.dll functions is essential for maintaining software stability, preventing data-feed disconnects, and keeping your programmatic trading workspace secure.
// Define the criteria for your Support or Resistance level. // This example uses a simple horizontal line at a specific price. resistanceLevel = 150.00; supportLevel = 140.00;
Tools like OpenAlgo allow you to fetch real-time data from various Indian and international brokers by installing their specific .dll files into the AmiBroker/Plugins folder. Summary Table: Core AmiBroker Files Broker.exe The main application Brokey.dll Vital application support file AmiQuote.exe Companion tool for downloading EOD data HTMLView.exe Used to display your backtest reports : It can read AmiBroker’s calculated position sizes
Ensure you have the necessary Visual C++ Redistributable packages installed, which are often required for plugins AmiBroker Knowledge Base .
with a 64-bit AmiBroker installation, as they are not cross-compatible. How to use AmiBroker with Interactive Brokers TWS
One of Amibroker’s biggest annoyances is that manually drawn lines can vanish when you change timeframes or reload data. Brokey stores drawing data in external files or database fields, ensuring your annotations remain intact across sessions. Your weekly analysis won’t disappear on a Monday morning restart. Similarly, a volume spike accompanying a breakout can
For systematic traders who only rely on automated signals, Brokey offers less value. But for anyone who manually draws support/resistance, trends, or Fibs, Brokey is not a luxury—it’s a productivity essential.
// --- Parameters --- Lookback = Param("Lookback Periods", 20, 5, 100, 1); // Lookback for swing low ATR_Mult = Param("ATR Multiplier", 1.5, 0.5, 3, 0.1); // Sensitivity BreakConfirm = Param("Confirmation Bars", 1, 1, 5, 1); // Bars below support to trigger
The core function of Brokey is its ability to convert data from various sources into a format that AmiBroker can process instantly. This eliminates the need for manual data imports or the use of cumbersome CSV files. For traders focused on the Indian markets (NSE, MCX, NFO) or international exchanges, it acts as a reliable pipeline for price action, volume, and open interest. Key Features of Brokey for AmiBroker Real-time tick data streaming Historical data backfilling for deep backtesting Support for multiple segments (Equity, Futures, Options) Low latency performance to minimize slippage User-friendly interface for symbol management Why Traders Use Brokey
Go to Analysis → Custom Indicator → Paste the code → Apply.
You can then add a rule: Short sell any stock flagged as a Brokey Zombie . This is a classic mean-reversion strategy that actually works in backtests only if you include the delisted path.