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#1 Selling Amibroker Plugin featuring:
Pentuple Exponential Moving Average for Amibroker (AFL)
After long search i found it’s compatible logic somewhere on net for MT4 platform.
Here is the converted code for PEMA.
u can use it in many codes…
as a Curve Fitting of random price action
Rohan Patel.
rhn_patel@rediffmial.com
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Similar Indicators / Formulas
Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 | P = ParamField ( "Price field" ); pr = Param ( "5 Period " , 15, 2, 500, 1 ); MA1= EMA (P,pr); MA2= EMA (MA1,pr); MA3= EMA (MA2,pr); MA4= EMA (MA3,pr); MA5= EMA (MA4,pr); MA6= EMA (MA5,pr); MA7= EMA (MA6,pr); MA8= EMA (MA7,pr); PEMA=8*MA1-28*MA2+56*MA3-70*MA4+56*MA5-28*MA6+8*MA7-MA8; Plot (PEMA, "\n PEMA" +pr, ParamColor ( "PEMA color" , colorBrightGreen ), ParamStyle ( "PEMA style" , styleLine | styleThick )); |
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Very good & thanks for sharing
viswanath