Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Chaloke Not-so-simple Moving Average for Amibroker (AFL)

Rating:
5 / 5 (Votes 2)
Tags:
trading system, amibroker, moving average, chaloke

This formula is a trend-following system.

Credit goes to Uncle Chaloke and K’Kook (www.chaloke.com)

Screenshots

Similar Indicators / Formulas

Positional trading
Submitted by technotrader about 5 years ago
Guppy MMA Convergence Divergence Histogram
Submitted by walid over 8 years ago
Moving Average Difference
Submitted by rananjay00007 over 9 years ago
Moving Average Pullbacks System
Submitted by kaiji over 9 years ago
Chaloke System 3
Submitted by vishyvishy over 9 years ago
Debdulal And Soumya
Submitted by siivaramm almost 9 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("NOT_SO_SIMPLE");
cmopds=11;
CMO_1=Sum( IIf( C > Ref( C, -1 ) , ( C - Ref( C ,-1 ) ) ,0 ) ,cmopds ) ;
CMO_2=Sum( IIf( C < Ref( C ,-1 ) , ( Ref( C ,-1 ) - C ) ,0 ) ,cmopds );
Smooth=5;
CMO=100 * (( CMO_1 -CMO_2) /( CMO_1+CMO_2));
AbsCMO=(abs(CMO))/100; 
SC=2/(Smooth+1); 
MM=AMA( C, SC*AbsCMO );
EM1= EMA(C,5);
EM2= EMA(EM1,5);
Dif= EM1-EM2;
EM= EM1+Dif;
x=EM-MM;

color=IIf(EM>MM,colorBrightGreen,colorRed);
Plot(C,"Chaloke Not-So-Simple Moving Average",Color,styleCandle);
Buy= Color==colorBrightGreen AND Ref(Color,-1)==colorRed;
Sell=Color==colorRed AND Ref(Color,-1)==colorBrightGreen;
Short=Sell;
Cover=Buy;
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;



PlotShapes( shape, IIf( Buy, colorGreen, colorYellow ), 0, IIf( Buy, Low, High ) );

GraphXSpace = 5;
_SECTION_END();

0 comments

Leave Comment

Please login here to leave a comment.

Back