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Moving average dhamaka for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
trading system, amibroker
Very simple moving average system works in 5 and 7 min TF….only trendy stocks please like LT, SBI and Indexes. I tested it only on BankNIfty. Mind blowing results.
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Indicator / Formula
Copy & Paste Friendly
a=20;
b=40;
_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("EMA");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
//Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();
_SECTION_BEGIN("EMA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
//Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();
Plot(EMA(C,a),"", colorGreen, styleThick);
Plot(EMA(O,b),"", colorBlue, styleThick);
Buy=EMA(C,a)>EMA(O,b);
Sell=EMA(O,b)>EMA(C,a);
Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);
//PlotShapes(IIf(Buy, shapeCircle, shapeNone),colorGreen);
//PlotShapes(IIf(Sell, shapeCircle, shapeNone),colorRed);
shape=Buy*shapeUpArrow + Sell*shapeDownArrow;
PlotShapes(shape,IIf(Buy,colorGreen, colorRed),0,IIf(Buy,Low,High));0 comments
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