Quadruple Exponential Moving Average indicator
the Quadruple Exponential Moving Average is calculated with a set of different EMA of EMA.
I introduced in the code the possibility to change the moving average type for the indicator calculation (from 0 to 6):
0 = SMA
1 = EMA
2 = WMA
3 = Wilder
4 = Triangular
5 = End point
6 = Time series
Of course you can also modify the calculation period in the indicator parameter.
QEMA=5*MA1-10*MA2+10*MA3-5*MA4+MA5, where
MA1=Moving Average(Price),
MA2=Moving Average(MA1),
MA3=Moving Average(MA2),
MA4=Moving Average(MA3),
MA5=Moving Average(MA4).
Code adapted from TS2 platform.
//PRC_QEMA | indicator
//23.01.2017
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge
//--- parameters
// period = 14
// method = MOVING AVERAGE TYPE
// ---
Price=customclose
MA1=Average[period,method](Price)
MA2=Average[period,method](MA1)
MA3=Average[period,method](MA2)
MA4=Average[period,method](MA3)
MA5=Average[period,method](MA4)
QEMA=5*MA1-10*MA2+10*MA3-5*MA4+MA5
RETURN QEMA as "Quadruple Exponential Moving Average indicator"
Comments
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Objet : PRC_QEMA | indicator
Bonjour,
Bizarrement :
• les deux paramètres sont en remarque donc logiquement inactifs et généèrent une erreur de syntaxe et deux variables (period et methose) non définies
•
MOVING AVERAGE TYPE génère une erreur dans PRT (V10.3)
D'une manière générale beaucoup de ces codes proposés sont inutilisables tels qu'il ont présentés car entachés d'erreurs.
Avant de les placer sur un site quelqu'un pourrait-il préalablement les déboguer totalement, ce qui rendrait service à de nombreux utilisateurs de PRT.
Cordialement,
piarou//PRC_QEMA | indicator
//23.01.2017
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge
//--- parameters
// period = 14
// method = MOVING AVERAGE TYPE
// ---
Price=customclose
MA1=Average[period,method](Price)
MA2=Average[period,method](MA1)
MA3=Average[period,method](MA2)
MA4=Average[period,method](MA3)
MA5=Average[period,method](MA4)
QEMA=5*MA1-10*MA2+10*MA3-5*MA4+MA5
RETURN QEMA as "Quadruple Exponential Moving Average indicator"//--- parameters
// period = 14
// method = MOVING AVERAGE TYPE
// ---
Hello Nicolas, my french is not that well. It occurs an error which can not be solved by copy the code is that correct? Or can I replace "Moving Average Type" and the copied code works for further development? Regards Nicolas