//You have redundant signals because buy
condition is True as long as EMA15>EMA100; similar for Sell condition
//use either Cross (see below) OR ExRem
//added some text placement adustments
for stocks and Forex
SepConst = ParamToggle("Stocks|Forex","Stocks|Forex",0);
TextAdj = Param("Text Adj",3,0,100,0.25);
SepParConst = IIf(SepConst==0,TextAdj ,0.01*TextAdj );
//BuyCond1= EMA( Close , 15 ) >
EMA( Close , 100 ); original
//Buy = Buycond1 ;//original
//Sell = EMA
(Close,15)<EMA(Close,100);
Buy= Cross(EMA( Close , 15 ), EMA( Close
, 100 ));//added
Sell = Cross(EMA (Close,100),EMA(Close,15));//added
Plot(C,"PlotText2", colorBlack,
styleLine );
Plot(EMA(C,15),"ema15", colorRed
);
Plot(EMA(C,100),"ema100", colorGreen
);//added
for( i = 0; i < BarCount;
i++ )
{
if( Buy[i] ) PlotText( "Buy\n@" + C[ i ],
i, L[ i ]*(1-SepParConst), colorGreen );
if( Sell[i] ) PlotText( "Sell\n@" + C[ i ],
i, H[ i ]*(1+SepParConst), colorRed, colorYellow );
}
From:
amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of Noah
Bender
Sent: Saturday, February 21, 2009 11:10 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] question on formula for plot trade price
hello,
I am new to amibroker and am trying to figure this one out.
I have a simple formula
BuyCond1= EMA( Close , 15 ) > EMA( Close , 100 );
Buy = Buycond1 ;
Sell = EMA (Close,15)<EMA(Close,100);
I am trying to plot the trade price on the chart. so far I have this:
Plot(C,"Price", colorBlack, styleLine );
Plot(EMA(C,15),"ema", colorRed );
for( i = 0; i < BarCount; i++ )
{
if( Buy[i] ) PlotText( "Buy\n@" + C[ i ], i, L[ i ], colorGreen );
if( Sell[i] ) PlotText( "Sell\n@" + C[ i ], i, H[ i ], colorRed,
colorYellow );
WHen I apply indicator it plots the price at every point on the chart and not
just when the moving averages cross. Does anyone know why? and can show me the
formula???
It would be much appreciated.
thanks
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