Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Improved EMA for Metastock
Rating:
5 / 5 (Votes 1)
Tags:
metastock, moving average
Improved Exponential Moving Average with crossover signals output choice.
Author: Jose Silva at metastocktools.com
Similar Indicators / Formulas
Almost Zero Lag Moving Average
Submitted
by kaiji over 14 years ago
Price Action Indicator (PAIN)
Submitted
by star123 over 13 years ago
O.B.V. Good example of if() func
Submitted
by karim.chakib over 10 years ago
Cycle Indicator by Bill Irwin
Submitted
by roszyk about 13 years ago
Flat Market Indicator (FMI)
Submitted
by chsmcp about 11 years ago
Adaptive Wilders Smoothing
Submitted
by aashish51 about 12 years ago
Indicator / Formula
Copy & Paste Friendly
{ Exponential Moving Average v2.3
EMA periodicity shortens on low bar count
©Copyright 2005-2006 Jose Silva.
For personal use only.
http://www.metastocktools.com }
{ User inputs }
pds:=Input("EMA periods",1,2600,21);
x:=Input("use Open=1 High=2 Low=3 Close=4 WClose=5 P=6",1,6,4);
shift:=Input("EMA vertical shift %",
-100,100,0)/100+1;
plot:=Input("[1]EMA, [2]Crossover signals",
1,2,1);
{ EMA }
x:=If(x=1,O,If(x=2,H,If(x=3,L,If(x=5,WC(),If(x=6,P,C)))));
pds:=If(pds>Cum(IsDefined(x)),
Cum(IsDefined(x)),pds);
Ema:=x*2/(pds+1)+PREV*(1-2/(pds+1));
Ema:=Ema*shift;
signals:=Cross(x,Ema)-Cross(Ema,x);
{ Plot on price chart }
If(plot=2,signals,Ema)
2 comments
Leave Comment
Please login here to leave a comment.
Back
is this only for meta stock?
Yes this is only for metastock.