Moving Average Trend Oscillator
The Moving Average Trend Oscillator AFL in Amibroker utilizes moving averages to assess market trends and potential reversals. Integrated with Amibroker data feed, this AFL calculates the difference between moving averages, providing insights into trend strength. Traders leverage this AFL to identify trend changes, utilizing Amibroker data feed for accurate and timely market information. By combining moving averages and Amibroker data feed, this AFL aids in determining optimal entry and exit points based on trend analysis.
/ mao = MA((EMA(C,3) - EMA(C,13)),3); tig = (MAo * 0.9); tig1 = MAo * -0.9; Plot(tig, "",colorLime); Plot(tig1, "",colorRed);