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candlestick above sma 5 for Amibroker (AFL)
almost 14 years ago
Amibroker (AFL)

3 / 5 (Votes 10)

Shows signals if candle above sma 5. Buy if candle above sma 5 and sell if bellow sma 5. this strategy good for short term trader,get out as soon as possible when you already get profit and when you buy don’t forget your stop loss.

I hope it useful for your trading from your friend /


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Indicator / Formula

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_SECTION_BEGIN("if candle above SMA5= buy");

Buy = Cross( C,MA( Close, 5 ) );
PlotShapes(IIf(Buy==1, shapeUpArrow , shapeNone), colorBlue, 0,Low, Offset=-5);
_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() ); 

P = ParamField("Price field",-1);
Periods = Param("Periods", 5);
Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorBlue ), ParamStyle("Style") ); 

Plot( Volume, _DEFAULT_NAME(), ParamColor("Color", colorLightBlue), ParamStyle( "Style", styleHistogram | styleOwnScale | styleThick, maskHistogram  ), 2 );

GfxSelectFont("Tahoma", Status("pxheight")/15); 
GfxSetTextAlign( 6 );// center alignment 
GfxSetTextColor( ColorRGB( 200, 200, 200 ) ); 
GfxSetBkMode(3); // transparent 
GfxTextOut( Name(), Status("pxwidth")/6, Status("pxheight")/6 );


1. sasajib

nice share….its almost perfect. I am using with pivot points…then its perfect…

Thanks for this …really great …

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