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Debu Market Efficiency Ratio for Amibroker (AFL)
Rating:
3 / 5 (Votes 6)
Tags:
oscillator, amibroker
Debu Market Efficiency Ratio
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Indicator / Formula
Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 | _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(); |
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