Accerelation and Speed Ver 1.1 for eSignal (EFS)
nativeman about 16 years ago eSignal (EFS)
Hi it check trend change in stock thereby indicating the stock in bull or bear phase
Indicator / Formula
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/*********************************
Provided By:
eSignal (Copyright c eSignal), a division of Interactive Data
Corporation. 2009. All rights reserved. This sample eSignal
Formula Script (EFS) is for educational purposes only and may be
modified and saved under a new file name. eSignal is not responsible
for the functionality once modified. eSignal reserves the right
to modify and overwrite this EFS file with each new release.
Description:
Acceleration & Speed
Version: 1.0 09/25/2009
Formula Parameters: Default:
Length 24
sPrice Close
Notes:
**********************************/
var fpArray = new Array();
var bInit = false;
function preMain(){
setPriceStudy(false);
setShowCursorLabel(true);
setShowTitleParameters(false);
setStudyTitle("Acceleration & Speed");
setCursorLabelName("Speed", 0);
setPlotType(PLOTTYPE_LINE, 0);
setDefaultBarFgColor(Color.red, 0);
setCursorLabelName("Acceleration", 1);
setPlotType(PLOTTYPE_LINE, 1);
setDefaultBarFgColor(Color.green, 1);
var x = 0;
fpArray[x] = new FunctionParameter("Length", FunctionParameter.NUMBER);
with(fpArray[x++]) {
setLowerLimit(1);
setDefault(24);
}
fpArray[x] = new FunctionParameter("sPrice", FunctionParameter.STRING);
with(fpArray[x++]){
setName("Source of Price");
addOption("open");
addOption("high");
addOption("low");
addOption("close");
addOption("hl2");
addOption("hlc3");
addOption("ohlc4");
setDefault("close");
}
}
var xSpeed = null;
var xAcceleration = null;
function main(Length, sPrice) {
var nBarState = getBarState();
var nSpeed = 0;
var nAcceleration = 0;
if (nBarState == BARSTATE_ALLBARS) {
if(Length == null) Length = 2;
if(sPrice == null) sPrice = "close";
}
if (bInit == false) {
xSpeed = mom(Length, eval(sPrice)());
xAcceleration = mom(Length, xSpeed);
bInit = true;
}
nSpeed = xSpeed.getValue(0);
nAcceleration = xAcceleration.getValue(0);
if (nAcceleration == null) return;
return new Array(nSpeed, nAcceleration);
}
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admin please look this afl give me error, please if possible to care!
This is an eSignal formula