MACD-3 Ver
The MACD-3 Ver AFL in Amibroker is designed to enhance trend identification capabilities. By integrating specific variations of the MACD indicator, this AFL aims to provide more nuanced insights into market trends. Leveraging amibroker data feed functionalities enables traders to validate and optimize the performance of this version of the MACD indicator across various market conditions.
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_SECTION_BEGIN("MACD");
A1=EMA(C,13)-EMA(C,34);
A2=MA(C,5)-EMA(C,34);
A3=MA(C,5)-EMA(C,13);
Buy_ema = EMA(C,5) > EMA(C,34) AND EMA(C,5) > EMA(C,13);
Sell_ema = EMA(C,5) < EMA(C,34) AND EMA(C,5) < EMA(C,13);
Plot(a1,"main",IIf(A1 > Ref(a1,-1), colorBrightGreen, colorRed),styleDots+styleThick);
Plot(a2,"mid",IIf(A2 > Ref(a2,-1), colorBrightGreen, colorRed),styleThick);
Plot(a3,"trigger",IIf(A3 > Ref(a3,-1), colorBrightGreen, colorRed),styleDashed);
Buy = Buy_ema AND a2 > Ref(a2, -1)AND a3 > Ref(a3,-1) ;
Sell = Sell_ema AND a2 < Ref(a2, -1)AND a3 < Ref(a3,-1) ;
//Buy = ExRem(Buy,Sell);
//Sell = ExRem(Sell,Buy);
Col = IIf(Buy,colorBrightGreen,IIf(Sell,colorRed,colorDarkGrey));
Plot(0,"",Col,styleThick);
Plot(0.1,"",Col,styleNoLabel);
Plot(0.2,"",Col,styleNoLabel);
Plot(-0.1,"",Col,styleNoLabel);
Plot(-0.2,"",Col,styleNoLabel);
_SECTION_END();
Title =
WriteIf(a1 > 0, EncodeColor(colorBrightGreen),EncodeColor(colorRed))+"MAIN "+
WriteIf(a1 > Ref(a1,-1), EncodeColor(colorBrightGreen)+"POS",EncodeColor(colorRed)+"NEG")+round(a1*10)/10+
"\n"+
WriteIf(a2 > 0, EncodeColor(colorBrightGreen),EncodeColor(colorRed))+"MID "+
WriteIf(a2 > Ref(a2,-1), EncodeColor(colorBrightGreen)+"POS",EncodeColor(colorRed)+"NEG")+round(a2*10)/10+
"\n"+
WriteIf(a3 > 0, EncodeColor(colorBrightGreen),EncodeColor(colorRed))+"Trigger "+
WriteIf(a3 > Ref(a3,-1), EncodeColor(colorBrightGreen)+"POS",EncodeColor(colorRed)+"NEG")+round(a3*10)/10
;