EMA ribbon for Amibroker (AFL)
sacanbu about 15 years ago Amibroker (AFL)
EMA ribbon with buy and sell.
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Indicator / Formula
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_SECTION_BEGIN("Price");
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() );
/*Buy or Sell Condition*/
Buy = Cross(EMA( Close , 3 ),EMA( Close , 23 ));
Sell = Cross(EMA( Close , 23 ),EMA( Close , 3 ));
/*Pot Buy or Sell Arrows*/
PlotShapes(IIf(Sell==1, shapeDownArrow, shapeNone), colorRed, 0,High, Offset=-20);
PlotShapes(IIf(Buy==1, shapeUpArrow , shapeNone), colorGreen, 0,Low, Offset=-20);
/*Plot EMA*/
Plot( EMA( Close,23), "23 EMA",ParamColor("Color", colorRed ),styleNoRescale);
Plot( EMA( Close,3), "3 EMA",ParamColor("Color", colorBlue ),styleNoRescale);
/*Plot Ribbon */
Ribbon1=IIf( EMA( Close , 3 )>EMA( Close , 23 ) ,colorGreen, IIf(EMA( Close , 23 )>EMA( Close , 3 ), colorRed,colorYellow));
Plot(6, "Ribbon", Ribbon1, styleOwnScale| styleArea| styleNoLabel,-0.5,100);
_SECTION_END();0 comments
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