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Popular Indicators

Multiple Trend for Amibroker (AFL)

3 / 5 (Votes 3)

I got this code from Bulli Castelo’s forum, but it was a mess!
I don’t know the author, but he could not implement what he/she wanted.
I think the Idea is good so I tried to fix the code and I think I got it working as intended.
The code shows the cross of a EMA and a AMA on various timeframes indicating gold cross (green),
dead cross (red) and change of direction (yellow) on one of them.
You have to use 5 min or less on the chart for it to display the crosses on 5, 15, 60 and daily.
It guives buy and sell signals acording to the sync of the timeframes.

Enjoy,
Eduardo

Here is a screenshot of how the indicator looks:
Multiple_trend_screenshot

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Formula

2 Comments

good work

2. RIAZ

good work done. can you help me to get a 4 hourly time frame in this. this would be highly appreciated . thanx

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