Need Offset MA channel

Any coder can help me to find this MT4 Offset MA ribbon.


This concept was baswd on Wilder’s Current Day Moving Average = (Previous Day Wilder’s Moving Average * (n-1) + Current Day Price)/n

with the variant of the Advance Get 6-4 Channel trading system where a 6 day moving average is offset by 4day Moving average offset and the resulting indicator is plotted.

In this case 5 EMA is offset by 13day EMA.

REsult for testing this method is in post 766..link below

http://www.forexfactory.com/showthre...387698&page=52

Attached chart for illustrations.

Appreaciate any help here.


Thank You





Similar in Amibroker AFL code

SECTION_BEGIN("5-13 EMA Channel");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );


A = EMA( H,5 );
B = EMA( L,5 );


x= Ref(A,-13);
y= Ref(B,-13);

D=.0009;
xt=x+x*D;
xb=x-x*D;

yt=y+y*D;
yb=y-y*D;

/* Buy or Sell Condition */
Buy = Cross(Close,xt);
Sell = Cross(yt,Close);
Buy = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);

Filter = Buy OR Sell;
/* Exploration Parameters */
AddTextColumn( FullName(), "Company Name" );
AddColumn( Buy, "Buy", 1 );
AddColumn( Sell, "Sell", 1 );
AddColumn( C, "Close", 1.3 );
AddColumn( H, "High", 1.3 );

/* Plotting the Channel Cloud */

PlotOHLC( 0,xt,xb,xb ,"",colorBlue, styleCloud);
PlotOHLC( 0,yt,yb,yb ,"",colorBlue, styleCloud);
PlotOHLC( 0,xt,yb,yb ,"",colorRed, styleCloud);

Title = EncodeColor(colorWhite)+ "5-13 EMA Channel Trading System" + " - " + Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
" - " + Date() +" - "+"\n" +EncodeColor(colorRed) +"Op-"+O+" "+"Hi-"+H+" "+"Lo-"+L+" "+
"Cl-"+C+" "+ "Vol= "+ WriteVal(V)+"\n"+
EncodeColor(colorLime)+
WriteIf (Buy , " GO LONG / Reverse Signal at "+C+" ","")+
WriteIf (Sell , " EXIT LONG / Reverse Signal at "+C+" ","")+"\n"+EncodeColor(colorWhite)+
WriteIf(Sell , "Total Profit/Loss for the Last Trade Rs."+(C-BuyPrice)+"","")+
WriteIf(Buy , "Total Profit/Loss for the Last trade Rs."+(SellPrice-C)+"","");

PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);
_SECTION_END();

Try this, it is a double MA with offset inputs with 2 buffers for the fill in color between the MA's.



Filler width set at 0


Filler width set at 2

Thank You Very Much CJA,

appreciate your help.

sorry for late reply as I was travelling for long holiday.

Student Group