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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
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WMA Cross over for Amibroker (AFL)
Rating:
2 / 5 (Votes 3)
Tags:
trading system, amibroker
Works well in commodity trading specially for MCX
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Indicator / Formula
Copy & Paste Friendly
// // WMA1 = WMA(C,1); WMA2 = WMA(C,120); // the buy and sell logic // buy when wma1 crosses from below wma2 to above wma2. Buy = Cross(WMA1,WMA2); Sell = Cross(WMA2,WMA1); Short = Sell; Cover = Buy; Plot(Close, "price",colorBlue,styleBar); // plot the wma lines. Plot(WMA1,"wma1",colorGreen,styleLine); Plot(WMA2,"wma2",colorBlue,styleLine); // plot the buy and sell arrows. shape = Buy * shapeUpArrow + Sell * shapeDownArrow; PlotShapes(shape, IIf(Buy,colorGreen,colorRed), 0, IIf(Buy,Low,High)); GraphXSpace = 5;
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shows error for suitable place for Buy or sell