Make Magic
Make Magic AFL in Amibroker serves as a versatile toolset, allowing traders to create customized strategies or indicators. Leveraging amibroker data feed functionalities facilitates real-time analysis, aiding traders in developing and optimizing unique trading approaches. This AFL offers flexibility and adaptability to suit varying trading preferences and market conditions.
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_SECTION_BEGIN("magic 5 min");
TimeFrameSet(in5Minute);
EMA3 = EMA(RSI(14),3);
ema27 = EMA(RSI(14),27);
diff = ema3-EMA27;
ema_short = EMA(diff,Param("short ema",1,1,20,1));
EMA_Long = EMA(diff,Param("long ema",5,1,20,1));
Col_rsi = IIf (EMA_long > Ref(EMA_long,-1),colorBlue,colorRed);
Plot (EMA_short,"diff in rsi1",colorYellow,styleThick);
Plot (EMA_long,"diff in rsi5",Col_rsi,styleThick);
Plot (0,"",colorWhite,styleThick);
Buy = Cross (EMA_short,EMA_long);
Sell = Cross (EMA_long, EMA_short);
Short = Sell;
Cover = Buy;
PlotShapes (shapeHollowSmallUpTriangle*Buy,colorYellow);
PlotShapes (shapeHollowSmallDownTriangle*Sell,colorYellow);
Plot(12, "ribbon", Col_rsi, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
TimeFrameRestore();
_SECTION_END();