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Ehlers Filter for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
amibroker, filter, ehler
This AFL calculate Ehlers Filter.
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Indicator / Formula
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Price = (H+L)/2; MomLength = 15; PriceMomSum = 0; FiveMomSum = 0; FiveMom = abs(Price - Ref(Price, -5)); PriceMom = Price * FiveMom; for (i=0; i < MomLength; i++) { PriceMomSum = PriceMomSum + Ref(PriceMom, -i); FiveMomSum = FiveMomSum + Ref(FiveMom, -i); } NLEF = PriceMomSum / FiveMomSum; Plot(Close, "Close", colorBlack, styleLine); Plot(NLEF, "NonLinear Ehlers Filter", IIf(Close>NLEF, colorGreen, colorRed), styleLine);
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