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Smoothed MACD for Amibroker (AFL)
Rating:
5 / 5 (Votes 2)
Tags:
amibroker, oscillator, macd
This version of the moving average convergence divergence (MACD) indicator uses the using gaussian moving average (Ehler) in its calculation. The advantages are that it is smoother than the original and uses half the number of bars of data.
TO USE THIS INDICATOR
You will need to download Indicators.dll plugin from http://www.amibroker.org/3rdparty/ and paste it in the plugin folder of your Amibroker installation.
Screenshots
Indicator / Formula
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r1=12/2; r2=26/2; r3=9/2; ml=scGauss2ord(C,r1)-scGauss2ord(C,r2); sl=scGauss2ord(ml,r3); hist=ml-sl; Plot(ml,"ml",colorRed); Plot(sl,"sl",colorBlue); Plot(hist,"hist",IIf(hist>Ref(hist,-1),colorCustom11,IIf(hist<Ref(hist,-1),colorCustom12,0)),stylehistogram);
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I want to have a code for buy condition like this
Buy = EMA (Close, 50) > EMA (Close,100) AND Closing price is 2% greater than EMA 50
Can anyone help ?
Please help
Your question doesn’t seem to relate this indicator. You should either email Amibroker support or post your question on their forums.
Buy = EMA(C,50) > EMA(C, 100) AND C > ((EMA(C,50) *.02) + EMA (C,50));