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candlestick above sma 5 for Amibroker (AFL)
Rating:
3 / 5 (Votes 10)
Tags:
amibroker
Shows signals if candle above sma 5. Buy if candle above sma 5 and sell if bellow sma 5. this strategy good for short term trader,get out as soon as possible when you already get profit and when you buy don’t forget your stop loss.
I hope it useful for your trading from your friend tjhailioe@gmail.com /http://mystockdata.blogspot.com/
Screenshots
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Indicator / Formula
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_SECTION_BEGIN("if candle above SMA5= buy");
Buy = Cross( C,MA( Close, 5 ) );
PlotShapes(IIf(Buy==1, shapeUpArrow , shapeNone), colorBlue, 0,Low, Offset=-5);
_SECTION_END();
_SECTION_BEGIN("Price");
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("MA");
P = ParamField("Price field",-1);
Periods = Param("Periods", 5);
Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorBlue ), ParamStyle("Style") );
_SECTION_END();
_SECTION_BEGIN("Volume");
Plot( Volume, _DEFAULT_NAME(), ParamColor("Color", colorLightBlue), ParamStyle( "Style", styleHistogram | styleOwnScale | styleThick, maskHistogram ), 2 );
_SECTION_END();
GfxSetOverlayMode(0);
GfxSelectFont("Tahoma", Status("pxheight")/15);
GfxSetTextAlign( 6 );// center alignment
GfxSetTextColor( ColorRGB( 200, 200, 200 ) );
GfxSetBkMode(3); // transparent
GfxTextOut( Name(), Status("pxwidth")/6, Status("pxheight")/6 );1 comments
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nice share….its almost perfect. I am using with pivot points…then its perfect…
Thanks for this …really great …