Here is the EMAavg afl code designed with the combination of Multiple EMA’s and modified Fisher Transform. EMAavg is again just a trend following system with winning ratio close to 50% with respect to nifty on EOD charts.
The Buy and Sell Conditions are plotted based on the following conditions
Buy = C>EMAavg AND C>=EMA(C,10) AND fisherxform>=-0.0;Sell =C<EMAavg AND C<EMA(C,10) AND fisherxform<-0.0;
Code is open source, free to distribute, and sharing and feedback recommended. Code currently supports Scanning and Exploration functions with Buy or Sell indications on the chart. Currently it doesn’t supports trailing stop loss indications
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Thank you so musch for the AFL………Great Job……Can I have AFL for EMA Crossover for the period of 3 and 15…..time frame…please…..
wonderful couldn’t wait to check it out
Where can i learn coding using AFL language. Are there any sites or free tutorial/guide to learn writing trading logic using AFL language? Kindly suggest.
Mr. Rajendran,
If the signal comes in this afl, Will it flip? or sustain till next signal? please clarify my doubt. because signal is coming at the open of the next candle. can i buy at the open of the next candle? or should i wait for the candle close? how the code was written for the signal? Flip method? or Normal method?