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Ergodic MDI for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
oscillator, amibroker
THIS IS NOT FOR INTRADAY IT WILL GIVE GREAT RESULT FOR DELIVERY INVESTOR CAN USE THIS
I GOT FROM
http://www.niftyclinic.blogspot.com/
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Indicator / Formula
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r = Param( "First Smoothing Periods", 32, 1, 100, 1 );
s = Param( "Second Smoothing Periods", 12, 1, 100, 1 );
er = 5;
sp = Param("Signnal Periods", 5, 1, 12, 1 );
eMD = EMA(EMA(C - EMA(C,r),s),er);
Plot(eMD, "Ergodic MDI("+r+","+s+","+er+")", colorRed);
Plot(EMA(emd,sp), "Signal("+sp+")", colorLightBlue);
PlotGrid(0, colorLightGrey);2 comments
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Can you please help me with an AFL for calculating closing price for macd to cut the signal line in the opposite direction at the closing of the next bar.Regards.
The name of this indicator is in fact “ERGODIC MDI” from William BLAU. This is how it has to be called.