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    Ema Crossover 2.afl

    Uploaded by

    udhaya kumar
    This document contains code to generate a price chart with indicators for a simple moving average crossover trading strategy. It plots the close price, along with red and green arrows to indicate when the 5 period EMA crosses above or below the 13 period EMA. It also plots the 5 and 13 period EMAs, and uses a colored ribbon indicator to show when the 5 period EMA is above (green) or below (red) the 13 period EMA.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd

    Ema Crossover 2.afl

    Uploaded by

    udhaya kumar
    54 views1 page
    This document contains code to generate a price chart with indicators for a simple moving average crossover trading strategy. It plots the close price, along with red and green arrows to indicate when the 5 period EMA crosses above or below the 13 period EMA. It also plots the 5 and 13 period EMAs, and uses a colored ribbon indicator to show when the 5 period EMA is above (green) or below (red) the 13 period EMA.

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    AFL

    Original Title

    Ema Crossover 2.Afl

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    This document contains code to generate a price chart with indicators for a simple moving average crossover trading strategy. It plots the close price, along with red and green arrows to indicate when the 5 period EMA crosses above or below the 13 period EMA. It also plots the 5 and 13 period EMAs, and uses a colored ribbon indicator to show when the 5 period EMA is above (green) or below (red) the 13 period EMA.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    54 views1 page

    Ema Crossover 2.afl

    Uploaded by

    udhaya kumar
    This document contains code to generate a price chart with indicators for a simple moving average crossover trading strategy. It plots the close price, along with red and green arrows to indicate when the 5 period EMA crosses above or below the 13 period EMA. It also plots the 5 and 13 period EMAs, and uses a colored ribbon indicator to show when the 5 period EMA is above (green) or below (red) the 13 period EMA.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    of 1

    _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();

    /*Buy or Sell Condition*/


    Buy = Cross(EMA( Close , 5 ),EMA( Close , 13 ));
    Sell = Cross(EMA( Close , 13 ),EMA( Close , 5 ));

    /*Plot Buy or Sell Arrows*/


    PlotShapes(IIf(Sell==1, shapeDownArrow, shapeNone), colorRed, 0,High, Offset=-
    20);
    PlotShapes(IIf(Buy==1, shapeUpArrow , shapeNone), colorGreen, 0,Low, Offset=-
    20);

    /*Plot EMA*/
    Plot( EMA( Close,13), "13 EMA",ParamColor("Color", colorRed ),styleNoRescale);
    Plot( EMA( Close,5), "5 EMA",ParamColor("Color", colorBlue ),styleNoRescale);

    /*Plot Ribbon */
    Ribbon1=IIf( EMA( Close , 5 )>EMA( Close , 13 ) ,colorGreen, IIf(EMA( Close ,
    13 )>EMA( Close , 5 ), colorRed,colorYellow));
    Plot(6, "Ribbon", Ribbon1, styleOwnScale| styleArea| styleNoLabel,-0.5,100);
    _SECTION_END();

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