Buy = BuySignal OR PyramidTrigger; Pyramid = PyramidTrigger;
// Set position sizing SetPositionSize( 2, spsShares ); // Each pyramid leg buys 2 shares
Pyramid = YourConditionHere; Buy = YourOriginalCondition OR Pyramid; amibroker pyramiding
Pyramiding allows you to manage risk by only increasing exposure when the market proves your initial thesis correct. Scaling In:
Determine if you will exit all units at once or scale out gradually as targets are reached. Backtesting and Optimization Buy = BuySignal OR PyramidTrigger; Pyramid = PyramidTrigger;
The key takeaways from this guide:
// Pyramid Entry: Price closes 2% higher than the previous day's close // AND we are already in a position. PyramidCond = C > Ref( C, -1 ) * 1.02; PyramidCond = C > Ref( C, -1 ) * 1
It allows traders to capitalize on strong, sustained trends without risking the entire capital upfront.
However, coding pyramiding in Amibroker is notoriously tricky. Without the correct settings and AFL (Amibroker Formula Language) logic, backtests produce "phantom trades," unrealistic position sizing, and curve-fitted results.