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The Quest For Reliable Crossovers for Amibroker (AFL)
Gorilabd
about 10 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 8)
Tags:
trading system, amibroker, moving average

when faster moving average positively crosses the slower moving average then candlestick become green and instantly buy signal generated by the afl and similarly sell signal given when it is negative…..

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("The Quest For Reliable Crossovers");
function ZeroLagTEMA( array, period )
{
 TMA1 = TEMA( array, period );
 TMA2 = TEMA( TMA1, period );
 Diff = TMA1 - TMA2;
 return TMA1 + Diff ;
}
/////////////////////
// Heikin-Ashi code
HaClose = (O+H+L+C)/4;
HaOpen = AMA( Ref( HaClose, -1 ), 0.5 );
HaHigh = Max( H, Max( HaClose, HaOpen ) );
HaLow = Min( L, Min( HaClose, HaOpen ) );
// Velvoort is using not original, but modified Heikin-Ashi close
HaClose = ( HaClose + HaOpen + HaHigh + HaLow )/4;
// you can switch between Heikin-Ashi chart and regular candlestick chart
if( ParamToggle("Plot Heikin-Ashi", "No,Yes", 1 ) )
   PlotOHLC( HaOpen, HaHigh, HaLow, HaClose, "Heikin Ashi " + Name(), colorRose, styleCandle );
else
   Plot( C, "Regular candles " + Name(), colorRose, styleCandle );
period = Param("Avg. TEMA period", 55, 1, 100 );
ZLHa = ZeroLagTEMA( HaClose, period );
ZLTyp = ZeroLagTEMA( Avg, period );
Plot( ZLHa, "ZLTema(Ha,"+period+")", colorRed );
Plot( ZLTyp, "ZLTema(Typ,"+period+")", colorGreen );
Buy = Cross( ZLTyp, ZLHa );
Sell = Cross( ZLHa, ZLTyp );
PlotShapes( shapeUpArrow * Buy, colorGreen, 0, HaLow );
PlotShapes( shapeDownArrow * Sell, colorRed, 0, HaHigh );
_SECTION_END();

1 comments

1. siht_that
True Relibel One..

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