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Double & Triple EMA Crossover for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
trading system, amibroker
Its a double and triple EMA crossover system. It takes both long and short positions. works better on nifty.
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Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 | 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