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Debu Market Efficiency Ratio for Amibroker (AFL)
Rating:
2 / 5 (Votes 5)
Tags:
oscillator, amibroker
Debu Market Efficiency Ratio
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Indicator / Formula
Copy & Paste Friendly
_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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