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MA3 Over MA18 for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
trading system, amibroker, exploration, moving average
This will provide a short term Bull signal for those who are looking for early rebounce
Indicator / Formula
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//routine to display MA 3 over MA18
MA3 = MA(C, 3);
MA5 = MA (C, 5);
MA10 = MA (C, 10);
MA18 = MA (C, 18);
Plot (C, "Close Price", colorGreen, styleCandle);
Plot (MA3, "MA3", colorGreen);
Plot (MA18, "MA18", colorRed);
Bup = Cross (MA3, MA18);
Bdown = Cross (MA18, MA3);
PlotShapes (Bup*shapeUpArrow, colorYellow, 0, L, -12);
//printf ("Break Out %g", Bup);
Filter = Bup;
AddColumn ( C, "Closing Price", 1.2, colorBlue);
AddColumn (ROC(C,1), "Change %", 1.2, IIf(ROC(C, 1), colorGreen, colorRed) );
AddSummaryRows (16, 1.0);0 comments
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