Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

EMA Channel offset for Amibroker (AFL)

Rating:
3 / 5 (Votes 2)
Tags:
channel, trading system, amibroker

EMA OFFSET AFL

Nice to use this afl Eod

Similar Indicators / Formulas

Kase Peak Osc. V2 batu
Submitted by batu1453 over 10 years ago
Pride System Modified
Submitted by niladri over 12 years ago
Kase CD V2batu
Submitted by batu1453 over 10 years ago
Ichimoku
Submitted by prashantrdx over 10 years ago
Adaptive Price Zone (APZ)
Submitted by AndrewThomas almost 14 years ago
EMA System Ribbon
Submitted by yo123 over 13 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("EMA Channel Offset Trading System ");
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() ); 

P = Optimize ( "P AVG", Param("P Avg",34,1,200,1), 1,50,1);
P1 = Optimize("FILTER", Param("Filter",15,1,25,1),5,20,1);
P2= Param("DELAY",21,1,200,1);


A = EMA(( (H+L)/2)+P1,P );
B = EMA( ( (H+L)/2)-P1,P );

 					
x= Ref(A,-P2);
y= Ref(B,-P2);


/* Buy or Sell Condition */
Buy= Cover = Cross(Close,x);
Sell= Short = Cross(y,Close);
Buy = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);

Filter = Buy OR Sell;
/* Exploration Parameters */
AddTextColumn( FullName(), "Company Name" );
AddColumn( Buy, "Buy", 1 );
AddColumn( Sell, "Sell", 1 );
AddColumn( C, "Close", 1.3 );
AddColumn( H, "High", 1.3 );


Plot ( x ,"",colorBlue, styleLine);
Plot ( y,"",colorBlue, styleLine);

Title = EncodeColor(colorWhite)+ "EMA OFFSET Trading System" + " - " +  Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
 "  - " + Date() +" - "+"\n" +EncodeColor(colorRed) +"Op-"+O+"  "+"Hi-"+H+"  "+"Lo-"+L+"  "+
"Cl-"+C+"  "+ "Vol= "+ WriteVal(V)+"\n"+ 
EncodeColor(colorLime)+
WriteIf (Buy , " GO LONG / Reverse Signal at "+C+"  ","")+
WriteIf (Sell , " EXIT LONG / Reverse Signal at "+C+"  ","")+"\n"+EncodeColor(colorWhite)+
WriteIf(Sell , "Total Profit/Loss for the Last Trade Rs."+(C-BuyPrice)+"","")+
WriteIf(Buy  , "Total Profit/Loss for the Last trade Rs."+(SellPrice-C)+"","");

PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);                      
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45); 
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);                      
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);

dist = 1.5*ATR(20);
dist1 = 3*ATR(20);
for( i = 0; i < BarCount; i++ )
{
if( Buy[i] )
{
PlotText( "\nBuy:" + C[ i ], i, L[ i ]-dist[i], colorGreen, colorYellow );
}
if( Sell[i] )
{
PlotText( "Sell:" + C[ i ], i, H[ i ]+dist1[i], colorRed, colorYellow );
}
}

_SECTION_END();

2 comments

1. shariful

thanks for sharing, but it is useful for those who prefers long postion

2. dineshpal

Thanks, Excellent Indicator.

Leave Comment

Please login here to leave a comment.

Back