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Simple WMA 100 for Amibroker (AFL)
Rating:
4 / 5 (Votes 3)
Tags:
trading system, amibroker
Buy & Sell when price cross WMA 100
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Indicator / Formula
Copy & Paste Friendly
Short = 0; Cover = 0; /*Buy = C > WMA(C,100) AND Cross(C,EMA(C,100)); Sell = C < WMA(C,100) AND Cross(C,EMA(C,100));*/ /*Buy = WMA(C,50) > WMA(C,100) AND Ref(WMA(C,50),-1) < Ref(WMA(C,100),-1); Sell = WMA(C,50) < WMA(C,100) AND Ref(WMA(C,50),-1) > Ref(WMA(C,100),-1); */ //Buy=ExRem(Buy,Sell); //Sell = ExRem(Sell,Buy); Buy = C > WMA(C,100) AND Ref(C,-1) < Ref(WMA(C,100),-1); Sell = C <= WMA(C,100) AND Ref(C,-1) > Ref(WMA(C,100),-1); Buy=ExRem(Buy,Sell); Sell = ExRem(Sell,Buy); PlotShapes(shapeUpArrow*Buy,colorBrightGreen); PlotShapes(shapeDownArrow*Sell,colorRed);
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Thanks for the post. I’ve been trying to script an EA which has the Price crossing the WMA 50 with an OCO trade (one cancels other). So as soon as the current trade closes another trade opens in the opposite direction. There would always be one active trade and the cycle would continue indefinitely. Any thoughts on what that script might look like? I’ve been trying to research it but with not much success.
Any insight is appreciated!
TRY FOR L&T AND AXISBANK.