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Weighted MA Crossover for Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
trading system, amibroker

Weighted MA Crossover indicator best suited for low risk traders. It gives very good result for swing trading.

enjoy!!!!!!!!!!!!!

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();

_SECTION_BEGIN("WMA");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( WMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); 
_SECTION_END();

_SECTION_BEGIN("WMA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( WMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); 
_SECTION_END();

_SECTION_BEGIN("WMA2");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( WMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); 
_SECTION_END();


P = ParamField("Price field",-1);

Buy = (EMA( P , 25) > EMA ( P , 35)) AND (EMA( P , 35) > EMA ( P , 45)) AND (EMA( P , 25)>EMA ( P , 45));
Short = (EMA( P , 25) < EMA ( P , 35)) AND (EMA( P , 35) < EMA ( P , 45)) AND (EMA( P , 25)<EMA ( P , 45));

Buy = ExRem( Buy, Short);
Short = ExRem (Short, Buy);
PlotShapes(IIf(Buy, shapeUpArrow , shapeNone), colorGreen);
PlotShapes(IIf(Short, shapeDownArrow , shapeNone), colorRed);

4 comments

1. skfcmumbai

Hi,

Thanks for the AFL code.

Please suggest the time frame for which it is to be applied.

Best Regards,
SKFC

2. Ricardo

Hi,

You can insert the formula the option to optimize and backtest?

huges

3. akerstkh

Interesting. The chart and the buy/sell condition do not have any relationship.

4. faulal

Signals plotted on ema

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