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EMA Slope for Amibroker (AFL)
Rating:
3 / 5 (Votes 6)
Tags:
oscillator, amibroker
EMA color changes based on slope
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Indicator / Formula
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1 2 3 4 5 6 7 8 | P = Param("EMA PERIOD",20,2,90,1);q = Param("WINDOW SIZE FOR CALCULATING SLOPE", 1,1,20,1);r = Param("SLOPE CHANGE SMOOTHING FACTOR",5,1,50,1);e = EMA(C, P);Slope = atan((e - Ref(e,-q)) / (q * 3.14159265)) * 180;m = MA(Slope,r);Plot(Slope,"Slope", IIf(Slope>0,colorBlue,colorRed),styleHistogram|styleThick);Plot(m,"Direction",IIf(m>Ref(m,-1),colorBlue,colorRed),styleThick); |
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Good!
Thank you.
Nice one.Thanks
hi;
how did you reach to this:
Slope = atan((e - Ref(e,-q)) / (q * 3.14159265)) * 180;any link on web?
Just wanted to say thanks! BTW you can make the direction line in front by changing the z-order:
Plot(m,“Direction”,IIf(m>Ref(m,-1),colorBlue,colorRed),styleThick,Null,Null,Null,1);