Forecasting Crossover Point
Forecasting Crossover Points in Amibroker AFL involve predicting potential moments of moving average crossover. Utilizing Amibroker data feed, traders anticipate these crossover points to validate trend changes or reversals. By forecasting these pivotal moments, traders optimize their strategies for improved entry and exit signals.
/_SECTION_BEGIN("Forecasting crossover point for 3");
a=EMA(C,3);
b=EMA(C,13);
d=EMA(C,34);
d=a*.5;
e=b*.1429;
f=(Ref(b,-1)*(1-.1429)-Ref(a,-1)*(1-.5))/(.5-.1429);
Plot(C,"close", colorBlack,styleLine);
Plot(EMA(C,3),"3ema",colorRed,styleLine);
Plot(EMA(C,13),"13ema",colorBlue,styleLine);
Plot(EMA(C,200),"200ema",colorGreen,styleLine);
Plot(f,"BP or SP",colorWhite,styleLine); //BP Buying or Selling point
Plot (b,"stop Loss",colorBrown,styleDots);
Buy=Cross(a,b) ;
Sell=Cross(b,a) ;
PlotShapes(IIf
(Buy,shapeUpArrow,shapeNone) ,colorBrightGreen,0,Graph0,-15);
PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed,0,Graph1,-15);
Title="\\c55"
+Name()
+" " + WriteVal(C)+" "+Date()+" "+"\\c44"+"3ema"+WriteVal(a)
+" "+"\\c33"+" "+"BP or SP"+WriteVal(f)+" "+"\\c33"+" "+"stop
loss"+WriteVal(b);
_SECTION_END();