EMA RSI Cross
The EMA RSI Cross likely involves combining the Exponential Moving Average (EMA) and the Relative Strength Index (RSI) indicators. This strategy might generate signals when the EMA and RSI intersect or cross certain predefined levels. Writing an Amibroker AFL script for this strategy involves programming rules that trigger buy or sell signals based on these EMA and RSI intersections.
/_SECTION_BEGIN("EMA RSI cross 13 21");
per1 = Param("EMA1",13,13,13);
per2 = Param("EMA2",21,21,21);
EMA1 = EMA(RSI(),per1);
EMA2 = EMA(RSI(),per2);
Plot(EMA1 , "",colorGreen);
Plot(EMA2 , "", colorRed);
Buy = Cross(Ema1,Ema2);
PlotShapes(shapeUpArrow*Buy,colorGreen,0);
Sell = Cross(Ema2,Ema1);
PlotShapes(shapeDownArrow*Sell,colorRed,0);
_SECTION_END();