// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Debu Market Efficiency Ratio"); pds= Param("Periods",8,3,200); Speed= C - Ref(C, -pds); Volatility= Sum(abs(C - Ref(C, -1)),pds); Efficiency= Speed / Volatility; MER= EMA(EMA(Efficiency, 5),3); Plot(MER,"MKt Eff. Ratio",colorRed); Plot(0,"ZERO LINE",colorBlue); _SECTION_END();