Ultimate-Crossover-Buy-Sell-System

Ultimate-Crossover-Buy-Sell-System
Ultimate-Crossover-Buy-Sell-System

//www.aflcode.com
_SECTION_BEGIN("0508"); 
    function ZeroLagTEMA( array, period )
    {
     TMA1 = TEMA( array, period );
     TMA2 = TEMA( TMA1, period );
     Diff = TMA1 - TMA2;
     return TMA1 + Diff ;
    }
    /////////////////////
    // Heikin-Ashi code
    HaClose = (O+H+L+C)/4;
    HaOpen = AMA( Ref( HaClose, -1 ), 0.5 );
    HaHigh = Max( H, Max( HaClose, HaOpen ) );
    HaLow = Min( L, Min( HaClose, HaOpen ) );
    // Velvoort is using not original, but modified Heikin-Ashi close
    HaClose = ( HaClose + HaOpen + HaHigh + HaLow )/4;
    // you can switch between Heikin-Ashi chart and regular candlestick chart
    if( ParamToggle("Plot Heikin-Ashi", "No,Yes", 1 ) )
       PlotOHLC( HaOpen, HaHigh, HaLow, HaClose, "Heikin Ashi " + Name(), colorBlack, styleCandle );
    else
       Plot( C, "Regular candles " + Name(), colorBlack, styleCandle ); 
    period = Param("Avg. TEMA period", 55, 1, 100 );
    ZLHa = ZeroLagTEMA( HaClose, period );
    ZLTyp = ZeroLagTEMA( Avg, period );
    Plot( ZLHa, "ZLTema(Ha,"+period+")", colorRed );
    Plot( ZLTyp, "ZLTema(Typ,"+period+")", colorGreen );
    Buy = Cross( ZLTyp, ZLHa );
    Sell = Cross( ZLHa, ZLTyp );
    PlotShapes( shapeUpArrow * Buy, colorGreen, 0, HaLow );
    PlotShapes( shapeDownArrow * Sell, colorRed, 0, HaHigh );


_SECTION_END();
Previous
Next Post »