RE: [amibroker] Dinapoli MACD

Tue, 28 Mar 2006 14:01:53 -0800

EMA requires bars (or days) as integers. You are using a formula that converts number of bars (as integers) into a fractional smoothing factor. This smoothing factor works with AMA and should be between 0 and 1.00. Change your two EMA() to AMA() and your Param statements must use integers if you're going to use smoothing. The param statement should be something like this:

 

FastLength = Param("FastLength",8,2,200,1);

--

Terry

-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf Of Tony Lei
Sent: Tuesday, March 28, 2006 13:22
To: [email protected]
Subject: [amibroker] Dinapoli MACD

 

There is something wrong with this formula and I can't figure it out.

FastLength = Param("FastLength",.213,0,36,2);
SlowLength = Param("SlowLength",.108,0,52,2);
MACMA = Param("MACMA",.199,0,15,1);


SmoothingFactor1 = 2 / ( fastlength + 1 ) ;
SmoothingFactor2 = 2 / ( slowlength + 1 ) ;
SmoothingFactor3 = 2 / ( MACMA + 1 ) ;

EMA1 = EMA (Close, fastlength) ;
EMAfast = EMA1 + ( SmoothingFactor1 * (Close-EMA1) ) ;

EMA2 = EMA (Close, slowlength );
EMAslow = EMA2 + ( SmoothingFactor2 * (Close - EMA2) ) ;

MACD1 = EMAfast-EMAslow ;


Plot (MACD1, "", 5, 4 ) ;


Please note that this group is for discussion between users only.

To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com

For other support material please check also:
http://www.amibroker.com/support.html



SPONSORED LINKS
Investment management software Real estate investment software Investment property software
Software support Real estate investment analysis software Investment software

YAHOO! GROUPS LINKS



Reply via email to