Has anyone coded this indicator and would like to share?
Thanks
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Code for Vidya:
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 );
Just for your info: Vidya in our lang means " Knowledge ".
and Tushar means "fountain"
Have fun.