Monday, July 3, 2017

Triple Exponentional Moving Averages Crossover Amibroker AFL

Moving Average crossover trade entries are the most popular among traders. When the fast moving average crosses the slow moving average then traders initiate their trades in the direction of the moving average crossover.

Mostly traders use two moving averages for the crossover signal generation. Some traders believe in more conservative approach and therefore take their trades based on a triple moving average crossover signal. The fast EMA crosses the slow and the slow crosses the slowest of all. So in total two fast moving averages are used for the crossover signal on the slowest moving average.

In Amibroker there is an AFL for the same purpose to generate the signal based on the triple moving average crossover. The buy or sell arrows will indicate when the cross has taken place and therefore indicating the timing of the entries and exits to be made.

Triple Exponentional Moving Averages Crossover Amibroker AFL
Triple Exponentional Moving Averages Crossover Amibroker AFL


No comments:

Post a Comment

Required US Government Disclaimer & CTFC Rule 4.41

Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.