Moving Average based strategies are mostly used by traders who are "trend-followers" in nature. Usually the setup used for moving average cross over is like :
- If 5 EMA crosses over 8 EMA then buy
- If 5 EMA crosses below 8 EMA then sell
Since Amibroker is the most loved platform which is used by traders in India as well as outside, here is an AFL for moving average which you can simply use for creating an automated setup of this.







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