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#1 Selling Amibroker Plugin featuring:
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Trend Scalping System for Amibroker (AFL)
Rating:
3 / 5 (Votes 8)
Tags:
amibroker, moving average
This Indicator design very simple, but very effective method of trend trading. Only uses 5 moving averages.
BASIC RULES
- Trading candle above the ribbon go long only…Trading candle below the ribbon go short only.
- Fast indicator(moving average) cross above Slow Indicator.. confirm uptrend.
- Fast indicator cross below Slow Indicator confirm downtrend..
MORE DETAILS: Tunnel Scalping
Thanks to: Mr. KITTU
Screenshots
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("Price1");
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("MID");
P = ParamField("Price field",-1);
Periods =Param("periods",34,2,300,1,10);
Plot(EMA(P,Periods),_DEFAULT_NAME(), colorBlue, styleDots);
_SECTION_END();
_SECTION_BEGIN("UL");
P = ParamField("Price field",-1);
Periods = Param("periods", 34, 2, 300, 1, 10 );
Plot( EMA(High, Periods ),_DEFAULT_NAME(), colorLightBlue, styleDots);
_SECTION_END();
_SECTION_BEGIN("LL");
P = ParamField("Price field",-1);
Periods = Param("periods", 34, 2, 300, 1, 10 );
Plot( EMA( Low, Periods ),_DEFAULT_NAME(), colorLightBlue, styleDots);
_SECTION_BEGIN("FAST");
P = ParamField("Price field",-1);
Periods = Param("periods", 50, 2, 300, 1, 10 );
Plot( EMA( P, Periods ),_DEFAULT_NAME(), colorLime, styleLine);
_SECTION_END();
_SECTION_BEGIN("SLOW");
P = ParamField("Price field",-1);
Periods = Param("periods", 89, 2, 300, 1, 10 );
Plot( MA( P, Periods ), _DEFAULT_NAME(), colorBrown, styleLine);
_SECTION_END();2 comments
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Good Formula… one should try it. Worth giving 5 star
good formula