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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
intraday scalping for Amibroker (AFL)
Rating:
3 / 5 (Votes 5)
Tags:
trading system, amibroker
This indicator works well in indexes and comodities .
You can enter trade at signal given by the arrows.
You should be ready to square up when rsi value reaches 70 or 30 .
Trade with this in 5 mt time frame .
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Indicator / Formula
Copy & Paste Friendly
_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", 5, 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",13, 2, 300, 1, 10 );
Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();
Buy =
RSI( 14 ) > Ref( RSI( 14 ) , -1 )
AND RSI( 14 ) > 50
AND Cross (EMA (Close,5), EMA ( Close,13));
Sell =
(
RSI( 14 ) < Ref ( RSI (14 ) , -1 )
AND RSI( 14 ) < 50
AND Cross (EMA (Close,13) , EMA ( Close,5))
);
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorGreen, 0,L, Offset=-10);
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorRed, 0,H, Offset=-10);3 comments
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Nice piece of work awesome it work superb….:)
all the best
and thnks
Great. Its working for all liquid stocks.
thanks
Viswanath
Superb program mind blowing returns just can say a small money making machine online