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10 Day Moving Average System for Amibroker (AFL)

2 / 5 (Votes 3)

This is a simple system coded by legend Ed Pottasch on my request. Please test on at least five years’ data before using.

// Long Set up: Close above 10 Day (default) Simple Moving average (default)
// Long Entry: Close above the previous candle (which is above 10 Day SMA)
// Long Exit: Short Entry
// Short Set up: Close below 10 Day Simple Moving average
// Short Entry: Close below the previous candle (which is above 10 Day SMA)
// Short Exit: Long Entry

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Formula

4 Comments

hi
let me know where is the stoploss? to place

niklravi

Please correct this line
Short Entry: Close below the previous candle (which is above 10 Day SMA)
as Short Entry: Close below the previous candle (which is below 10 Day SMA)

@niklravi, no stoploss here. you reverse the position at signal but wait for the candle to close.

@jrajnikant. Dont know how to edit. Admin please guide or do the needful.

Thanks

hi
if u never mind send some trade charts to my mail id ravinikl@yahoo.com

regards
ravi
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