[amibroker] Re: EMA channel

["theoldchartreader" <theoldchartreader@xxxxxxxxx>]

Hi,
This is what I am using, maybe this will help you.


sp = Param( "pds1 Period", 13, 2, 100 );
r = EMA(C, sp );
Plot( r, "EMA("+WriteVal(sp,1.0)+")", ParamColor("pds1 Color", 
colorGreen ) ); 

s = Param( "pds2", 26, 2, 100 );
m = EMA(C, s );
Plot( m, "EMA("+WriteVal(s,1.0)+")", ParamColor("pds2Color", 
colorRed ) ); 

x= Param( "cond1", .091, .01,1,.001 ); 
cond1= EMA(C,13)+EMA(C,13)*x;
Cond2= EMA(C,13)-EMA(C,13)*x;
 
Plot(C, "Price",colorYellow, styleBar );
Plot(cond1,"upper band",ParamColor("",colorBlue),1);
Plot(cond2,"Lower band",ParamColor("",colorBlue),1);



Good luck,
Dennis





--- In amibroker@xxxxxxxxxxxxxxx, "dtfreak1025" <dtfreak1025@xxxx> 
wrote:
> I am trying to get a moving average channel in AFL based on this 
> formula.
> 
> Any help would be appreciated.
> Thanks
> 
> DT
> 
> EMA = "VARIABLE"
> 
> (UPPER CHANNEL)
> EMA + EMA * CHANNEL COEFFICIENT
> 
> (LOWER CHANNEL)
> EMA - EMA * CHANNEL COEFFICIENT


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