Multi-Fractal-Moving-Averages
Multi-Fractal-Moving-Averages AFL in Amibroker combines fractal analysis with moving averages across multiple time frames. Integrated with Amibroker data feed, this AFL provides a comprehensive view of market trends by incorporating fractal analysis and moving averages. Traders utilize this AFL, leveraging Amibroker data feed for accurate price information, to identify potential trend reversals or continuations based on fractal-based moving average signals.
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_SECTION_BEGIN("FMA5");
SetChartBkColor(ParamColor("Background Color", colorBlack));
EMA2=EMA(C,2);
EMA4=EMA(C,4);
EMA8=EMA(C,8);
EMA17=EMA(C,17);
EMA34=EMA(C,34);
EMA72=EMA(C,72);
EMA144=WMA(C,144);
EMA305=EMA(C,305);
EMA610=EMA(C,610);
FMA1=(EMA2-EMA4)+EMA2;
FMA2=(EMA4-EMA8)+EMA4;
FMA4=(EMA8-EMA17)+EMA8;
FMA8=(EMA17-EMA34)+EMA17;
FMA17=(EMA34-EMA72)+EMA34;
FMA34=(EMA72-EMA144)+EMA72;
FMA72=(EMA144-EMA305)+EMA144;
FMA144=(EMA305-EMA610)+EMA305;
Plot(FMA1,"FMA1",colorGrey50,styleThick);
Plot(FMA2,"FMA2",colorGrey40,styleThick);
Plot(FMA4,"FMA4",colorGreen,styleThick);
Plot(FMA8,"FMA8",colorRed,styleThick);
Plot(FMA17,"FMA17",colorViolet,styleThick);
Plot(FMA34,"FMA34",colorDarkBlue,styleThick);
Plot(FMA72,"FMA72",colorOrange,styleThick);
Plot(FMA144,"FMA144",colorDarkYellow,styleThick);
_SECTION_END();