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Ergodic Candle Oscillator for Amibroker (AFL)

kaiji over 16 years ago Amibroker (AFL)

  • Rating:
    5 / 5 (Votes 2)
  • Tags:
    oscillator, amibroker, histogram

The Ergodic Candle Oscillator for Amibroker based on the one in Ensign software with a convergence and divergence histogram. As far as i can tell this the most accurate translation of the formula and the best available. Tested and working with version 5.20

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Indicator / Formula

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// Blau: TSI & Ergodic Oscillator
Len_r = Param( "TSI period 'r':", 32 , 1 , 100 );
Len_s = Param( "TSI period 's':", 5 , 1 , 100 );
Len_5 = 5 ;

Mtm = C - Ref ( C, -1 );
AbsMtm = abs ( Mtm );

//===============================
Num_T = EMA ( EMA ( Mtm, Len_r ), Len_s );
Den_T = EMA ( EMA ( AbsMtm, Len_r ), Len_s );
TSI = 100 * Nz ( Num_T / Den_T );

//===============================
Num_E = EMA ( EMA ( Mtm, Len_r ), Len_5 );
Den_E = EMA ( EMA ( AbsMtm, Len_r ), Len_5 );

Ergodic = 100 * Nz ( Num_E / Den_E );
SigLin = EMA ( Ergodic, Len_5 );

//===============================
GraphXSpace = 2 ;
ErgCol = colorBlue;
Plot( Ergodic, "Ergodic Osc.", ErgCol, styleLine);
Plot( SigLin, "", colorDarkYellow, styleLine );

//===============================
Hist = Ergodic - SigLin;
HistCol = IIf ( Hist>= 0, colorGreen, colorRed );
Plot(Hist, "Histogram", HistCol, styleHistogram | styleThick | styleNoLabel);

//===============================
Title = EncodeColor( colorDarkBlue ) + FullName() + " [" + Name() + "]" +
EncodeColor( colorDarkGrey ) + WriteVal( DateTime(), formatDateTime ) + "\n" +
EncodeColor( colorBrown ) + "Blau: The Ergodic Oscillator, EO(" +
EncodeColor( ErgCol ) + "r" + EncodeColor(colorBrown ) + ",5,5 ) " +
EncodeColor( ErgCol ) + "r_Pds: " + Len_r +
EncodeColor( colorGrey40 ) + " (Adjustable).";

3 comments

2. antoniodellisanti
about 13 years ago

hello,
thx for the great page,
I would be very very happy whether I could have the chance to get the code for Open Office Calc.
Would you please so kind to write the formula “Ergodic Candle Oscillator” for Open Office calc or.. Excel?

thx so muchhhhhhhh

Antonio Dellisanti

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