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TEMA for early signals for Amibroker (AFL)

moneylan over 13 years ago Amibroker (AFL)

  • Rating:
    5 / 5 (Votes 2)
  • Tags:
    oscillator, trading system, amibroker

Based on Triple Exponential Moving Average crossover , this gives crossover signal earlier than most of the moving average systems

Indicator / Formula

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_SECTION_BEGIN("KANNAN-TEMA");
Plot ( TEMA ( C, 21 ), "TEMA 21", colorGreen );
Plot ( TEMA ( C, 55 ), "TEMA 55", colorRed );


Buy = 	TEMA(  Close , 21 ) > TEMA(  Close , 55 );

Sell = 0;

Short = 	TEMA(  Close , 21 ) < TEMA(  Close , 55 );

Cover = 0;
_SECTION_END();

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