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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Trend Scalping System for Amibroker (AFL)
This Indicator design very simple, but very effective method of trend trading. Only uses 5 moving averages.
BASIC RULES
- Trading candle above the ribbon go long only…Trading candle below the ribbon go short only.
- Fast indicator(moving average) cross above Slow Indicator.. confirm uptrend.
- Fast indicator cross below Slow Indicator confirm downtrend..
MORE DETAILS: Tunnel Scalping
Thanks to: Mr. KITTU
Screenshots
Similar Indicators / Formulas
Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 | _SECTION_BEGIN ( "Price1" ); 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 () ); _SECTION_END (); _SECTION_BEGIN ( "MID" ); P = ParamField ( "Price field" ,-1); Periods = Param ( "periods" ,34,2,300,1,10); Plot ( EMA (P,Periods), _DEFAULT_NAME (), colorBlue , styleDots ); _SECTION_END (); _SECTION_BEGIN ( "UL" ); P = ParamField ( "Price field" ,-1); Periods = Param ( "periods" , 34, 2, 300, 1, 10 ); Plot ( EMA ( High , Periods ), _DEFAULT_NAME (), colorLightBlue , styleDots ); _SECTION_END (); _SECTION_BEGIN ( "LL" ); P = ParamField ( "Price field" ,-1); Periods = Param ( "periods" , 34, 2, 300, 1, 10 ); Plot ( EMA ( Low , Periods ), _DEFAULT_NAME (), colorLightBlue , styleDots ); _SECTION_BEGIN ( "FAST" ); P = ParamField ( "Price field" ,-1); Periods = Param ( "periods" , 50, 2, 300, 1, 10 ); Plot ( EMA ( P, Periods ), _DEFAULT_NAME (), colorLime , styleLine ); _SECTION_END (); _SECTION_BEGIN ( "SLOW" ); P = ParamField ( "Price field" ,-1); Periods = Param ( "periods" , 89, 2, 300, 1, 10 ); Plot ( MA ( P, Periods ), _DEFAULT_NAME (), colorBrown , styleLine ); _SECTION_END (); |
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Good Formula… one should try it. Worth giving 5 star
good formula