Alpha-Decreasing Exponential Moving Average ( ADEMA) from Tradingview

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09/05/2023 at 8:41 PM #220383 quote

Al
Participant

Senior

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

Capture.png

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

Legend
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
```
Al thanked this post

ADEMA-indicator.png
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Alpha-Decreasing Exponential Moving Average ( ADEMA) from Tradingview

ProBuilder: Indicators & Custom Tools

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Al @aloziop Participant

Summary

This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
3 years ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	09/05/2023
Status:	Active
Attachments:	2 files

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