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ema crossovers for Amibroker (AFL)

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

Here is the formula to find and plot EMA crossovers

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("EMA Crossing");
// EMA Cross
// follows are the original ranges
tgl = ParamToggle("Plot type", "Signals|Chart", 0);
Range1 = Param("Slow wave", 15, 3, 100, 1);
Range2 = Param("Fast wave", 5, 2, 50, 1);
//Range1 = Optimize("range1",15,1,20,1);
//Range2 = Optimize("range2",5,1,20,1);

// updated ranges
slowEma = EMA(C, Range1);
fastEma = EMA(C, Range2);


Cover = Buy = Cross(fastEma , slowEma );
Short = Sell = Cross(slowEma , fastEma ); 
if(tgl)
{
// plot signals
Plot(Buy, "EMA Crossing - Buy", colorGreen);
Plot(-Short, "Short", colorRed);
}
else
{
Plot(fastEma , "EMA Crossing - EMA" + NumToStr(Range2, 1.0), colorGreen);
Plot(slowEma , "EMA" + NumToStr(Range1, 1.0), colorRed);

}
Filter = Buy OR Sell OR Short OR Cover;
AddColumn(Filter, "Trades", 1.0);
_SECTION_END();

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