Nifty Daily Charts
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Here is an another customized code similar to 5-13 EMA-Offset Channel Trading system. Here Instead of EMA we are using wilders moving average to filter the noise signals and to make the trading system better than 5-13 EMA-Offset Channel Trading system and to produce a distant signals compared to 5-13 EMA-Offset Channel trading system
Buy and Sell Rules are Simple
1)Buy if the candle closes above the EMA Offset cloud
2)Sell if the candle closes below the EMA offset cloud
3)Trailing stop loss is Lower Cloud Value in case of Buy Signal and Upper Cloud value in case of Sell signal
Wilders Moving Average Formula
Wilder’s Current Day Moving Average = (Previous Day Wilder’s Moving Average * (n-1) + Current Day Price)/n
Nifty Weekly charts
Just have a look at the distant signals made in both the Nifty Daily and Weekly charts when compared to the 5-13 EMA-Offset channel trading system
Download the Amibroker AFL code for 13-13 Wilders Moving Average – Offset Channel Trading System
sir some people asking about this offset chanel trading system is there any pdf or tutorial about it
@Kalyan
Its nothing but the traditional 5EMA High – Low System with Displacement/Offset added to it… Just google for diplaced
moving average… Here instead of close we are applying the
moving average for Both the High and Low
thanx . another point
today i got guppy moving avarage(gmma) crossover exploration for metastock
like that x:=((mov(c,3,e)+mov(c,5,e)+mov(c,8,e));
y:=(mov(c,30,e)+mov(c,35,e)+mov(c,40));
cross(x,y)
or if u want cross over at least 3 bar before
then last columm is barssince(cross(x,y))<=3
sud put the formula in filter tab in metastock exploration .
actually it use more ema like 12,15 in x colummm and 45,50 ema in y column . can be added as above manner.
now if u pls convert it in amibroker afl will be helpfull to others.
thanx
@Kalyan will try to make one similar to it
Hello Sir
how are you, hope all is well at your end, 🙂 Sir i needed some help on fixing the data, as there are some splits in shares like reliance hdfc bhushan steel etc
In the data, the split of share is not auto updated and thus the charts are not proper, can you please help on fixing the problem on how to fix the splited data in the proper manner.
Thanks sir
Thx I got the answer from the old posts sir 🙂
Sir one more thing, can you create a AFL which can filter out the stocks which are near to circuit points, it would be very helpful for us to find which stocks are going to hit upper circuit or lower circuit & we can exit at the right time.
A scanner which can scan out the stocks which are near to there circuit levels, & last thing sir if I want to create a list of 50 nse stocks to scan upon how is it possible sir?
& las thing, how to get comments which are answered via back email, as sometimes in between the old comments are lost so I miss them, is it possible that we can get replys on email also so that there is an alert.
Keep rocking sir, Tc & thanks
sir,
i use metastock , but i dont have wilder mov avg . can u just provide me the wilder MA formula for metastock
if yes i will be highly thankful to u
regards
SIR FOR INTRADAY TRADING PLEASE TELL ME THE CHART FORMATION AND TIME PERIOD FOR THE SAME
dear sir
i am a day trader. shall i use this afl code in 7 min sir
Hi Mr Rajendran , can’t find the link to setup the wilders moving average on metatrader ?
Can you help me out ?
dear sir,
Any possible can i get 13-55 ema afl code. please send me sir.
Hi i am Ashish
Sir i want 15 min or 30 mint intraday trading syste which is percfet pl help me
Thank you
i want a software of Reffiend Elliot wave with data
sir please Notify me of follow-up comments by email. Notify me of new posts by email.
THANKYOU SIR