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EMA 315 for Amibroker (AFL)

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

EMA 315 used for scanning stocks with EMA 3 crossover EMA 15 (BUY) and EMA 3 crossdown EMA 15 (SELL).

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Indicator / Formula

Copy & Paste Friendly
// EMA Cross-315
Range1=Optimize("range1",3,1,100,1);
Range2=Optimize("range2",15,1,100,1);
Plot( Close, "Close", colorBlack, styleCandle ); 
Plot(EMA( Close,range1), "3d-ema", colorRed ); 
Plot(EMA( Close,range2), "15d-ema", colorBlue );
Buy = Cross(range1,range2);
Buy = Cross((Close),(EMA(Close,range1))); 
Buystop = Ref(EMA(Close,range1),-1); 
BuyPrice = Max(Buystop,Low); 
Sell = Cross(EMA(Close,range2),(Close)); 
Sellstop = Ref(EMA(Close,range1),-1); 
SellPrice = Min(sellstop,High); 
Short = Sell; 
Cover = Buy; 
PlotShapes(shapeUpArrow*Buy,colorBlack);
PlotShapes(shapeDownArrow*Sell,colorRed);
GfxDrawText("EMA315", 4, 12, 350, 40);

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