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Re: [EquisMetaStock Group] Re: Pivotal EMA (PEMA)



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Hi Preston
 
 
The name of a dll is immaterial as far as I can gather. I use the ForumDll but have renamed it as "Forum" for my own use. I'd use a shorter name still if I could think of anything appropriate. Marks GlobalVar will always be GV in my code, though I also have copies that only use a single letter for the name.
 
I think it would be useful if the programmers writing dlls could grasp the concept that MetaStock has very limited space for individual formulas. Short names are far preferable to names that have the appearance of being sentences without spaces.
 
Renaming Dlls is easy and effective (or renaming a copy perhaps), but shortening internal function names is not possible for most users. I notice that ForumDll.dll has a VarSUM function, while ASI.dll has a SUM function. They're both variable period summations but one is much more economical with the available space. The Enhanced System Tester windows only accept a little over 1000 characters, and long formula and function names to nothing to ease that problem.
 
I do appreciate the capabilities of some of the new free dlls being created, but sometimes I think it would be good if the developers knew more about MetaStock and less about programming. Just my thoughts.
 
 
Regards
 
Roy
 
----- Original Message -----
From: pumrysh
Sent: Sunday, November 13, 2005 6:27 AM
Subject: [EquisMetaStock Group] Re: Pivotal EMA (PEMA)

Jose,

Thanks for sharing this...a very interesting concept.

The Forum Dll that you used is a newer version than the one we have
in our files section. In order to use the one in our files section
the term "DLL" must be added to the variable ExtFml name...

example: pkEma:=ExtFml("Forum.VarMOV",pkVal,pds,e);

change to: pkEma:=ExtFml("ForumDLL.VarMOV",pkVal,pds,e);

or just go to the Equis Forum site and obtain the newer version.:-)

Preston


--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
<josesilva22@xxxx> wrote:
>
> Below is a relatively new type of Exponential Moving Average (EMA),
> based on price, modulated by price peaks/troughs.
>
> Basically, the Pivotal EMA (PEMA) generally hugs the price closer
as
> it approaches market turning points.  This can be useful as a
possible
> improvement to the standard EMA in crossover stops.
>
> The first PEMA version uses the standard PREV functions to
construct
> the EMA. The second plots much faster thanks to the use of variable-
> period DLLs.
>
>
> MetaStock -> Tools -> Indicator Builder -> New ->
> Copy and paste complete formulae between "---8<---" lines.
>
> =============
> EMA - pivotal
> =============
> ---8<------------------------------------
>
> { Pivotal Exponential Moving Average v1.0 }
>
> { PEMA based on trough/peak support/resistance.
>   Options:
>    [1] Composite EMA: (Upper+Lower)/2;
>    [2] Upper EMA band based on peaks;
>        Lower EMA band based on troughs;
>    [3] EMA shifts to Upper/Lower on crossovers }
>
> { ©Copyright 2004~2005 Jose Silva.
>   The grant of this license is for personal use
>    only - no resale or repackaging allowed.
>   All code remains the property of Jose Silva.
>   http://www.metastocktools.com }
>
> { User inputs }
> pds:=Input("EMA periods",1,2520,21)/2;
> plot:=Input("EMA: [1]Composite,  [2]Upper+Lower,  [3]
Long/Short",1,3,
> 1);
> spread:=Input("Upper/Lower EMA bands shift %",
>  0,100,2)/200;
> x:=Input("use:  [1]Close,  [2]High/Low",1,2,1);
>
> { Peak/Troughs }
> xpk:=If(x=1,C,H);
> pk:=xpk<Ref(xpk,-1) AND Ref(xpk,-1)>Ref(xpk,-2);
> pkVal:=ValueWhen(1,pk,Ref(xpk,-1));
> xtr:=If(x=1,C,L);
> tr:=xtr>Ref(xtr,-1) AND Ref(xtr,-1)<Ref(xtr,-2);
> trVal:=ValueWhen(1,tr,Ref(xtr,-1));
>
> { Peak-based EMA }
> pkpds:=If(pds>Cum(pk),Cum(pk),pds);
> pkpds:=If(pkpds<1,1,pkpds);
> pkEma:=pkVal*2/(pkpds+1)+PREV*(1-2/(pkpds+1));
> pkEma:=pkEma*(1+spread);
>
> { Trough-based EMA }
> trpds:=If(pds>Cum(tr),Cum(tr),pds);
> trpds:=If(trpds<1,1,trpds);
> trEma:=trVal*2/(trpds+1)+PREV*(1-2/(trpds+1));
> trEma:=trEma*(1-spread);
>
> { Composite EMA }
> Ema:=(pkEma+trEma)/2;
> LngShtEma:=If(C>=Ema,trEma,pkEma);
>
> { Plot on price chart }
> If(plot=1,Ema,If(plot=2,trEma,LngShtEma));
> If(plot=1,Ema,If(plot=2,pkEma,LngShtEma))
>
> ---8<------------------------------------
>
>
>
> ==========================
> EMA - pivotal, dll version
> ==========================
> ---8<------------------------------------
>
> { Pivotal Exponential Moving Average v.dll
>   - Plots much faster than PREV-based version.}
>
> { PEMA based on trough/peak support/resistance.
>   Options:
>    [1] Composite EMA: (Upper+Lower)/2;
>    [2] Upper EMA band based on peaks;
>        Lower EMA band based on troughs;
>    [3] EMA shifts to Upper/Lower on crossovers }
>
> { Forum.dll from http://forum.equis.com
>    or ASI.dll from http://www.thedml.com
>   must be in:
>   ...\MetaStock\External Function DLLs\ folder.}
>
> { ©Copyright 2004~2005 Jose Silva.
>   The grant of this license is for personal use
>    only - no resale or repackaging allowed.
>   All code remains the property of Jose Silva.
>   http://www.metastocktools.com }
>
> { User inputs }
> pds:=Input("EMA periods",1,2520,21)/2;
> plot:=Input("EMA: [1]Composite,  [2]Upper+Lower,  [3]
Long/Short",1,3,
> 1);
> spread:=Input("Upper/Lower EMA bands shift %",
>  0,100,2)/200;
> x:=Input("use:  [1]Close,  [2]High/Low",1,2,1);
>
> { Peak/Troughs }
> xpk:=If(x=1,C,H);
> pk:=xpk<Ref(xpk,-1) AND Ref(xpk,-1)>Ref(xpk,-2);
> pkVal:=ValueWhen(1,pk,Ref(xpk,-1));
> xtr:=If(x=1,C,L);
> tr:=xtr>Ref(xtr,-1) AND Ref(xtr,-1)<Ref(xtr,-2);
> trVal:=ValueWhen(1,tr,Ref(xtr,-1));
>
> { Peak-based EMA }
> pkpds:=If(pds>Cum(pk),Cum(pk),pds);
> pkpds:=If(pkpds<1,1,pkpds);
> {pkEma:=ExtFml("Forum.VarMOV",pkVal,pds,e);}
> pkEma:=ExtFml("ASI.EMA",pkVal,pds);
> pkEma:=pkEma*(1+spread);
>
> { Trough-based EMA }
> trpds:=If(pds>Cum(tr),Cum(tr),pds);
> trpds:=If(trpds<1,1,trpds);
> {trEma:=ExtFml("Forum.VarMOV",trVal,pds,e);}
> trEma:=ExtFml("ASI.EMA",trVal,pds);
> trEma:=trEma*(1-spread);
>
> { Composite EMA }
> Ema:=(pkEma+trEma)/2;
> LngShtEma:=If(C>=Ema,trEma,pkEma);
>
> { Plot on price chart }
> If(plot=1,Ema,If(plot=2,trEma,LngShtEma));
> If(plot=1,Ema,If(plot=2,pkEma,LngShtEma))
>
> ---8<------------------------------------
>
>
> jose '-)
> http://www.metastocktools.com
>







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