Index Signals
Amibroker data is instrumental in generating index signals for traders. By utilizing a robust Amibroker data feed, traders can analyze market indices effectively, identify trends, and receive timely signals for potential entry or exit points. This integration ensures that index signals are based on the most up-to-date and reliable information.
/
_SECTION_BEGIN("debdulal");
//Title="Indicator Developed and Conceptualised by Debdulal And Soumya";
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +
WriteVal( V, 1.0 ) +" {{VALUES}}",
O, H, L, C, SelectedValue( ROC( C, 1 )) ));
// This part will plot the EMA value And type of user choice
EMAstyle=ParamStyle("MAType",styleLine,maskAll );
LTEMAcolor=ParamColor("LT EMA Colour" ,colorRed);
STEMAcolor=ParamColor("ST EMA Colour",colorGreen);
LTEMAPeriod=Param("LTEMA Period",30);
STEMAPeriod=Param("STEMA Period",13);
Plot(EMA(Close,STEMAPeriod),"EMA of "+STEMAPeriod+" Days" , STEMAcolor, EMAstyle, Null, Null );
Plot(EMA(Close,LTEMAPeriod), "EMA of "+LTEMAPeriod+" Days", LTEMAcolor, EMAstyle, Null, Null );
//Plot(SAR(.02,.2),"SAR",colorBlue,maskAll,Null,Null);
// This part will plot Closing price with barstyle choosen by user
ChartStyl=ParamStyle("Chart Type", styleBar,maskAll );
Chartcolor=ParamColor("Chart Colour",colorGreen);
Plot(Close,"Debdulal",Chartcolor,ChartStyl);
// This part will find the buy and sell point in the chart
SellTRIGGER=MACD(12,26)<= Signal(12,26,9);
Buy=Cross(MACD(12,26),Signal(12,26,9));
Sell=(EMA(Close,LTEMAperiod)>EMA(Close,STEMAperiod)) AND SellTRIGGER;
//Buy= MACD(12,26)>=Signal(12,26,9);
//Sell=MACD(12,26)