Adaptive Elastic Weighted MA |
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SayaPolo
Newbie Joined: 19 Nov 2018 Location: Sydney Posts: 10 |
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Topic: Adaptive Elastic Weighted MA Posted: 27 Apr 2020 at 7:55am |
Thank you Maximo. Will give it a try.
Cheers, SayaPolo
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maximo
BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232 |
Post Options Quote Reply Posted: 27 Apr 2020 at 2:05am |
The #numbers apply to the use of indicator variables in sequence. You probably want to use a Close greater or less than #3 As a filter you could also try two or more Closes greater or less than #3 VWMA So a rule might be to exit on two red bars or re-enter on two green bars. #1 =factor #2 =n #3 =VWMA Edited by maximo - 27 Apr 2020 at 2:16am |
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SayaPolo
Newbie Joined: 19 Nov 2018 Location: Sydney Posts: 10 |
Post Options Quote Reply Posted: 02 Apr 2020 at 3:30pm |
Hi Maximo, Thanks you for posting the “Adaptive Elastic Volume Weighted
Moving Average” indicator. I have applied it on some charts and it looks very
promising. I am trying to create a scan
for stocks whose close crosses above this indicator. However in the Parameters area, Bull chart ask me
to use results #1,#2 or #3. Do you know what this means? Would appreciate very
much if you can assist me in creating a scan. Many thanks. Cheers. |
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maximo
BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232 |
Post Options Quote Reply Posted: 19 Feb 2018 at 4:46pm |
[Description="Adaptive Elastic Volume Weighted Moving Average"; Author=Max]
factor:=Input("Weighting ",14); [target=price] n:=ma(V,100,S)*factor; { 100 days volume } VWMA:= ((n-V)*PREV+(V*C))/n; [color=rgb(128,128,255); width=2] VWMA; [linestyle=pricecolor] [color=rgb(0,174,0)] if(C>=VWMA,1,0); [color=rgb(255,85,85)] if(C<VWMA,1,0); Edited by maximo - 22 Feb 2018 at 5:13pm |
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