Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
EMA Slope by Jose Silva for Amibroker (AFL)
Rating:
4 / 5 (Votes 6)
Tags:
oscillator, amibroker
The indicator “EMA slope by Jose Silva” is very useful to confirm trend and movement
Screenshots
Similar Indicators / Formulas
3 Days Track
Submitted
by janet0211 over 14 years ago
Trading Volume Statistic
Submitted
by tuanstock1 over 10 years ago
Ergodic Oscillator
Submitted
by dljtrader almost 14 years ago
BoH Risk Aversion Indicator
Submitted
by genkumag almost 13 years ago
Chande Momentum Oscillator
Submitted
by klimpek almost 14 years ago
Indicator / Formula
Copy & Paste Friendly
// Jose Silva's code ported on 28th April 2010 8:36 pm by xyte@inditraders
pds = Param("EMA Periods", 21, 1, 2520, 1);
Period= ParamList("Use as Input","Open|High|Low|Close|Volume",1);
if(Period=="Open"){x=Open;}
if(Period=="High"){x=High;}
if(Period=="Low"){x=Low;}
if(Period=="Close"){x=Close;}
if(Period=="Volume"){x=Volume;}
//Indicator
EMAx=EMA(x,pds);
//Slope
EMAprev=Ref(EMAx,-1);
y=Min(EMAx,EMAprev)/Max(EMAx,EMAprev);
EMAratio=(IIf(EMAx>EMAprev,2-y,y)-1)*100;
EMAper=IIf(EMAratio < 0, atan2(EMAratio,1)-360, atan2(EMAratio,1))*10/9; //This is where the problem lies
Signalx=EMA(EMAper,pds);
//Plots
Plot(Signalx, "Signal", colorGreen, styleLine|styleThick);
Plot(EMAper, "EMAper", colorRed, styleLine|styleThick);
2 comments
Leave Comment
Please login here to leave a comment.
Back
I have seen a lot of indicators by Jose Silva for Metastock.
Amazing Indicator…Just try its slope