Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I was hoping someone in our community here could and would convert the following Easy Language code to NT7? It's for a regularized exponential moving average out of the July '03 S&C magazine.
The only additions to the code I would like is for the average to change colors when rising or falling and to be able to select various types of averages to include EMA, SMA, HMA & WMA.
Thank you for your time spent on this. Something does seem off but not being a programmer, I cannot help much.
Typically, if the lambda is set to 0 then it will be exactly like the standard EMA. However, the higher the lambda, the more regularized or smoothed the average becomes.
As the next in a line of free indicators, EOTPro is proud to release the Holt Trend-Corrected EMA. This variation on the EMA tracks an estimated trend component, allowing it to get inside the bars of a trending …