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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Double & Triple EMA Crossover for Amibroker (AFL)
Its a double and triple EMA crossover system. It takes both long and short positions. works better on nifty.
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Similar Indicators / Formulas
Indicator / Formula
P = Param("P",31,1,31,1); Q =Param("Q",3,1,31,1); TRI = TEMA(C,P); DEL = Ref (DEMA ( L, Q),-1) ; DEH=Ref (DEMA ( H, Q),-1) ; Buy=Cross(TRI,DEL); Sell=Cross(DEH,TRI); Buy= ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); Short=Sell; Cover=Buy; Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); Plot(TRI," RSI Value ",6,styleThick); Plot(DEH," RSI Value ",4,styleThick); Plot(DEL," RSI Value ",5,styleThick); 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);
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which time frame to use?
hi