EMA Crossover Arrow
The EMA Crossover Arrow AFL in Amibroker visually represents Exponential Moving Average (EMA) crossovers through arrows on price charts. Pairing this AFL with an accurate Amibroker data feed is vital for traders. Real-time and precise market data from the data feed ensures that crossover arrows appear at the correct points, providing accurate signals for traders to consider. The reliability of these arrows heavily relies on the quality and accuracy of the data feed.
/_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("ema");
fast = Optimize("fast ema", 3,2,15,1);
med = Optimize("med ema", 30,5,35,1);
Long = Optimize("long ema", 43,15,89,1);
Plot( MA( Close, fast ),"fast ema", colorYellow, styleThick );
Plot( EMA( Close, med ),"med ema", colorRed, styleThick );
Plot( EMA( Close, Long ),"long ema", colorBlue, styleThick );
Buy = Cross (MA( Close, fast ), EMA( Close, Long )) OR Cross (MA( Close, fast ), EMA( Close, med )) ;
Short=Cross (EMA( Close, Long ), MA( Close, fast )) OR Cross (EMA( Close, med ), MA( Close, fast ));
Sell = Cross (MA( Close, med ), EMA( Close, fast ));
Cover = Cross (MA( Close, fast ), EMA( Close, med ));
PlotShapes (Buy*shapeUpTriangle,colorGreen);
PlotShapes (Short*shapeDownTriangle,colorRed);