EMA Trend line
The EMA Trend Line AFL in Amibroker is a tool that utilizes Exponential Moving Averages (EMAs) to create trend lines on price charts. When coupled with an accurate Amibroker data feed, the EMA Trend Line AFL becomes more robust. The precision of the trend lines depends on accurate price data provided by the data feed. This integration ensures traders have a clearer understanding of market trends, aiding in timely entries or exits based on trend analysis.
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_SECTION_BEGIN("ema3,15");
x = EMA(Close,3);
y = EMA(Close,15);
Plot(EMA(Close,3),"",colorBrightGreen, styleLine, styleThick);
Plot(EMA(Close,15),"",colorRed, styleLine, styleThick);
GraphXSpace=0.5;
Plot(C,"",colorBlue,styleCandle);
XR=(EMA(Close,3) * (2 / 6 - 1) - EMA(Close,15) * (2 / 11 - 1)) / (2 / 6 - 2 / 11);
Buy = Close > EMA( Close , 15 )
AND Ref( Close , -1 ) > Ref( EMA( Close , 15 ) , -1 )
AND Cross(x,y);
Sell = Close > EMA( Close , 3 )
AND Open > EMA( Close , 3 );
Short = Close < EMA( Close , 3 )
AND Ref( Close , -1 ) < Ref( EMA( Close , 3 ) , -1 )
AND Cross(y,x);
Cover = Close < EMA( Close , 3 )
AND Open < EMA( Close , 3 );
SellPrice=ValueWhen( Sell, C, 1);
BuyPrice=ValueWhen( Buy,C, 1);
Long=Flip(Buy,Sell);
Shrt=Flip(Sell,Buy );
PlotShapes(shapeUpArrow*Buy,colorGreen, 0, L, Offset=-45);
PlotShapes(shapeSmallDownTriangle*Sell,colorGreen, 0, L, Offset=-45);
PlotShapes(shapeSmallUpTriangle*Cover,colorOrange, 0, L, Offset=-45);
PlotShapes(shapeDownArrow*Short,colorOrange, 0, H, Offset=-45);
AlertIf( Buy, "SOUND C:\\Windows\\Media\\notify.wav", "Audio alert", 2 );
AlertIf( Sell, "SOUND C:\\Windows\\Media\\chord.wav", "Audio alert", 2 );
AlertIf( Cover, "SOUND C:\\Windows\\Media\\notify.wav", "Audio alert", 2 );
AlertIf( Short, "SOUND C:\\Windows\\Media\\chord.wav", "Audio alert", 2 );
_SECTION_END();
_SECTION_BEGIN("supp");
("Price");
RSIperiod = 15; // Param("RSI p",3,14,30,1);
Percent = 5; // Param("ZIG %",8,9,15,1);
EMAperiod = 5; //Param("EMA p",4,5,10,1);
HHVperiod = 8; //Param("HHV p",3,5,10,1);
NumLine = 2; //Param("Num Lines",3,1,20,1);
Base = DEMA(RSI(RSIperiod),EMAperiod);
GraphXSpace=0.5;
Plot(C,"",colorWhite,styleCandle);
for( i = 1; i <= numline; i++ )
{
ResBase = LastValue(Peak(Base,Percent,i));
SupBase = LastValue(Trough(Base,Percent,i));
Plot(ValueWhen( ResBase==Base, HHV(H,HHVperiod) ), "Resist Level", colorRed, styleLine);
Plot(ValueWhen( supbase==Base, LLV(L,HHVperiod) ), "Support Level", colorGreen, styleLine);
}
_SECTION_END();
_SECTION_BEGIN("SAR");
acc = Param("Acceleration", 0.02, 0, 1, 0.001 );
accm = Param("Max. acceleration", 0.2, 0, 1, 0.001 );
Plot( SAR( acc, accm ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style", styleDots | styleNoLine, maskDefault | styleDots | styleNoLine ) );
//=================TITLE============================ ================================================== ==================
_SECTION_BEGIN("Title");
if( Status("action") == actionIndicator )
(
Title = EncodeColor(colorWhite)+ ":EMA 3/15, Support & Resistance Levels using RSI:, SAR Dotted Line - buy/sell white arrow/triangle - short-cover orange arrow/triangle" + " - " + Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
" - " + Date() +" - "+"\n" +EncodeColor(colorYellow) +"Op-"+O+" "+"Hi-"+H+" "+"Lo-"+L+" "+
"Cl-"+C+" "+ "Vol= "+ WriteVal(V)+"\n"+
EncodeColor(colorRed)+
WriteIf (Buy , " GO LONG / Reverse Signal at "+C+" ","")+
WriteIf (Sell , " EXIT LONG / Reverse Signal at "+C+" ","")+"\n"+EncodeColor(colorWhite)+
WriteIf(Sell , "Total Profit/Loss for the Last Trade Rs."+(C-BuyPrice)+"","")+
WriteIf(Buy , "Total Profit/Loss for the Last trade Rs."+(SellPrice-C)+"","")+
WriteIf(Long AND NOT Buy, "Trade : Long - Entry price Rs."+(BuyPrice),"")+
WriteIf(shrt AND NOT Sell, "Trade : Short - Entry price Rs."+(SellPrice),"")+"\n"+
WriteIf(Long AND NOT Buy, "Current Profit/Loss Rs."+(C-BuyPrice)+"","")+
WriteIf(shrt AND NOT Sell, "Current Profit/Loss Rs."+(SellPrice-C)+"",""));
AlertIf( Buy, "SOUND C:\\Windows\\Media\\Windows XP Startup.wav", "Audio alert", 2 );
AlertIf( Sell, "SOUND C:\\Windows\\Media\\Ringin.wav", "Audio alert", 2 );
_SECTION_END();