You can also get better results by using double smoothing but with less periods.
EMAclose = EMA(Close,5); ROCxma = EMA(ROC(EMAclose,21), 5); Plot(ROCxma, _DEFAULT_NAME(), colorRed, styleLine); --- In [email protected], Ara <ara1.kaloust...@...> wrote: > > Try > > EMAclose = EMA(Close,13); > > ROCxma = ROC(EMAclose,21); > > > > On 08/23/2010 7:18 PM, Dennis O'Flynn wrote: > > > > Can anyone help with the Amibroker equivalent of the Incredible Charts > > Smoothed Rate of Change indicator? > > > > Their's is apparently based on an article by Fred Schutzman in Futures > > magazine, April 1991. > > > > It first calculates a 13 day exponential MA of closing price, then > > calculates a 21 day rate of change of the XMA. > > > > I'm attempting to do it myself, but need guidance in afl. > > > > cheers > > > > Dennis > > > > >
