Hi,
Please could you help me in inserting Buy and Sell signals in the below GMMA formula. The conditions are as below
1)When the price goes up from below the fastest EMA (i.e.EMA2) it should give buy call.
2)When the price goes down from above the slowest EMA (i.e.EMA60) it should give sell call.
_SECTION_BEGIN("Guppy Multiple Moving Average");
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 ) ) ));
SetChartBkColor(ParamColor("Outer Panel",colorPaleBlue));
SetChartBkGradientFill(ParamColor("Upper Chart",1),ParamColor("Lower Chart",1),ParamColor("Titleblock",colorPaleBlue));
barcolor = IIf(C >= O, colorGreen, colorDarkRed);
SetBarFillColor( barcolor );
Plot( C, "", IIf( C > O,colorLightBlue, colorLightBlue ), styleCandle );
FastMA_UP = ParamColor("FastUP", colorGreen);
FastMA_Down = ParamColor("FastDOWN", colorRed);
SlowMA_UP = ParamColor("SlowUP", colorLightBlue);
SlowMA_Down = ParamColor("SlowDOWN", colorDarkBlue);
FAST2=EMA(C, 3);
FAST5=EMA(C, 5);
FAST8=EMA(C, 8);
FAST10=EMA(C, 10);
FAST12=EMA(C, 12);
FAST15=EMA(C, 15);
Slow30=EMA(C, 30);
Slow35=EMA(C, 35);
Slow40=EMA(C, 40);
Slow45=EMA(C, 45);
Slow50=EMA(C, 50);
Slow60=EMA(C, 60);
Plot(FAST2,"" , IIf(FAST2> Ref(FAST2,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST5,"" , IIf(FAST5> Ref(FAST5,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST8,"" , IIf(FAST8> Ref(FAST8,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST10,"" , IIf(FAST10> Ref(FAST10,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST12,"" ,IIf(FAST10> Ref(FAST10,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST15,"" , IIf(FAST15> Ref(FAST15,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(Slow30,"" , IIf(Slow30> Ref(Slow30,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow35,"" , IIf(Slow35> Ref(Slow35,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow40,"" , IIf(Slow40> Ref(Slow40,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow45,"" , IIf(Slow45> Ref(Slow45,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow50,"" , IIf(Slow50> Ref(Slow50,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow60,"" , IIf(Slow60> Ref(Slow60,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot( EMA( C, 89 ),"" , colorBlack, styleDashed );
Plot( EMA( C, 144 ),"" , colorViolet, styleLine );
Plot( EMA( C, 200 ),"" , colorOrange, styleThick );
_SECTION_END();
Also kindly guide me in how to back test it.
Thanking you in anticipation.
Regards
Please could you help me in inserting Buy and Sell signals in the below GMMA formula. The conditions are as below
1)When the price goes up from below the fastest EMA (i.e.EMA2) it should give buy call.
2)When the price goes down from above the slowest EMA (i.e.EMA60) it should give sell call.
_SECTION_BEGIN("Guppy Multiple Moving Average");
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 ) ) ));
SetChartBkColor(ParamColor("Outer Panel",colorPaleBlue));
SetChartBkGradientFill(ParamColor("Upper Chart",1),ParamColor("Lower Chart",1),ParamColor("Titleblock",colorPaleBlue));
barcolor = IIf(C >= O, colorGreen, colorDarkRed);
SetBarFillColor( barcolor );
Plot( C, "", IIf( C > O,colorLightBlue, colorLightBlue ), styleCandle );
FastMA_UP = ParamColor("FastUP", colorGreen);
FastMA_Down = ParamColor("FastDOWN", colorRed);
SlowMA_UP = ParamColor("SlowUP", colorLightBlue);
SlowMA_Down = ParamColor("SlowDOWN", colorDarkBlue);
FAST2=EMA(C, 3);
FAST5=EMA(C, 5);
FAST8=EMA(C, 8);
FAST10=EMA(C, 10);
FAST12=EMA(C, 12);
FAST15=EMA(C, 15);
Slow30=EMA(C, 30);
Slow35=EMA(C, 35);
Slow40=EMA(C, 40);
Slow45=EMA(C, 45);
Slow50=EMA(C, 50);
Slow60=EMA(C, 60);
Plot(FAST2,"" , IIf(FAST2> Ref(FAST2,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST5,"" , IIf(FAST5> Ref(FAST5,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST8,"" , IIf(FAST8> Ref(FAST8,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST10,"" , IIf(FAST10> Ref(FAST10,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST12,"" ,IIf(FAST10> Ref(FAST10,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(FAST15,"" , IIf(FAST15> Ref(FAST15,-1),FastMA_UP,FastMA_Down), styleLine);
Plot(Slow30,"" , IIf(Slow30> Ref(Slow30,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow35,"" , IIf(Slow35> Ref(Slow35,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow40,"" , IIf(Slow40> Ref(Slow40,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow45,"" , IIf(Slow45> Ref(Slow45,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow50,"" , IIf(Slow50> Ref(Slow50,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot(Slow60,"" , IIf(Slow60> Ref(Slow60,-1),SlowMA_UP,SlowMA_Down), styleLine);
Plot( EMA( C, 89 ),"" , colorBlack, styleDashed );
Plot( EMA( C, 144 ),"" , colorViolet, styleLine );
Plot( EMA( C, 200 ),"" , colorOrange, styleThick );
_SECTION_END();
Also kindly guide me in how to back test it.
Thanking you in anticipation.
Regards
Last edited: