in this post, i have tested 2 ema crossover 9 and 20 and it is based on algo buy sell afl you can automate this strategy also with this afl .
you can modify ema crossover and check-in live.
i have taken short period ema is 9 and long period ema that is 20 for testing purpose.
in the below image you can see there are 2 setting that is showing
- short term moving avearge period-9
- long term moving average period -20
so you just need to change these two setting for filter signals for intraday as well as positional .
many retail traders use this crossover in intraday but you can attach this strategy with pivot point AFL or CPR indicator also for better results. i have uploaded many code for amibroker on my website you can check it here .
if you are a positional trader you can use ema crossover of 50 and 200 it gives you good results for positional trading basis.
in this afl you got.
- Algo code
- Buy-sell signal code
- download after 20 seconds of timer
- just change the extension from .txt to .afl it will change the file to amobroker readable file now simply copy file anf paste in c drive in amibroker custom formulas folder
- C:\Program Files\AmiBroker\Formulas\Custom
how to apply this code for amibroker on charts .simply open this link for installation process .
Wait 20 second for downlaod link and scroll below and click on download file to download
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