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