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below is a repost of an indicator for a jurik user function, you may want.
A while back I spent some time experimenting with ADX slope indicators, but
was ultimately unable to deal with the choppiness. I recently bought Mark
Jurik's JMA and was noticing how smooth his MACD line was and how well it
might work translated into a slope indicator. Here is it:
{JMA MACD Slope}
Input: Length(3),series(close), len1(36), phase1(40), len2(46), phase2(-65);
Value1=JRC.JMA.MACD(SERIES,LEN1,PHASE1,LEN2,PHASE2);
plot1(LinearRegSlope(value1,Length),"Plot1");
plot2(0,"");
This is just a germ of an idea and not yet translated or tested as a system
filter, but if you are interested in getting an early visual alert on
indicator changes, it is useful.
JFB
Shaven Heads Trading
NYC
> Could someone please send an example of how to insert a Jurik ama function
> into a MACD indicator? I know this is simple, but I just haven't had any
> luck making it work. Thanks Scott
>
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