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EMA HL intraday for Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
amibroker

1. setup 5min High and 5min Low
2. BUY when u see 2 consecutive RED candle CLOSE below 5min Low line followed by a GREEN candle.
3. SELL when u see 2 consecutive GREEN candle CLOSE above 5min High line followed by a RED candle.
4. Stoploss:
→ for BUY, 2 consecutive RED
→ for SELL, 2 consecutive GREEN
→ Or trailing SL

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Indicator / Formula

Copy & Paste Friendly
///// Intraday Statregy - with 5min EMA Hign and Low/////////////////
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) )
{
ToolTip=StrFormat("Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 )));
}
Plot(a=EMA(H,5),"H5",colorGreen,1,1);
Plot(b=EMA(L,5),"L5",colorRed,1,1);
//////////////end of code///////////

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