Alpha-Decreasing Exponential Moving Average ( ADEMA) from Tradingview

• 09/05/2023 at 8:41 PM #220383
  Al

  Hello ,

  I am requesting a code translation from Pine script of Tradingview to Prorealtime langage .

  Here is the code

  //@version=4

  // Copyright (c) 2019-present, Alex Orekhov (everget)

  // Alpha-Decreasing Exponential Moving Average script may be freely distributed under the terms of the GPL-3.0 license.

  study(“Alpha-Decreasing Exponential Moving Average”, shorttitle=”ADEMA”, overlay=true)

  alpha = 2 / (int(bar_index) + 1)

  ema = close

  ema := alpha * ema + (1 – alpha) * nz(ema[1], ema)

  plot(ema, title=”ADEMA”, linewidth=2, color=color.orange)

  Thanks in advance

  

  Al

  Participant

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  09/06/2023 at 10:09 AM #220406
  Nicolas

  Here is the translated code to be used with ProRealTime for the ADEMA

  ema = close if barindex>1 then alpha = 2 / (barindex + 1) ema = alpha * ema + (1 - alpha) * ema[1] endif return ema

  1 2 3 4 5 6 7

  ema = close if barindex>1 then alpha = 2 / (barindex + 1) ema = alpha * ema + (1 - alpha) * ema[1] endif   return ema

   

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  Al

  

  Nicolas

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