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Variable MA for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker
Variable MA which auto adjusts itslef during volatile markets .Like during fast moving mrktes ema becomes small while during treding markets ema remains large
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Indicator / Formula
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Length=21; Smooth=5; Change = C - Ref( C, -1 ); SU = Sum( C - Ref( C, -1 ) > 0, Length ); SD = Sum( C - Ref( C, -1 ) < 0, Length ); CMO = 100 * ( SU - SD ) / ( SU + SD ); AbsCMO=( abs(CMO) )/100; SC=2/(Smooth+1); VIDYA=AMA( C, SC*AbsCMO ); Plot( Close, "Price", 4, 64 ); Plot( VIDYA, "Vidya", 5 );
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