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Date/Time: Tue, 23 Apr 2024 10:57:34 +0000



Post From: John Ehlers 'Foward Reverse Ema' for SC study

[2017-07-04 17:50:18]
Seanz - Posts: 17
Here's the Easy Language code for Ehlers' new indicator - could someone please convert into a SC study. Many thanks.

{
  Forward / Reverse EMA
  (c) 2017 John F. Ehlers
}

Inputs:
  AA(.1);
  
Vars:
  CC(.9),
  RE1(0),
  RE2(0),
  RE3(0),
  RE4(0),
  RE5(0),
  RE6(0),
  RE7(0),
  RE8(0),
  EMA(0),
  Signal(0);

CC = 1 - AA;  
EMA = AA*Close + CC*EMA[1];

RE1 = CC*EMA + EMA[1];
RE2 = Power(CC, 2)*RE1 + RE1[1];
RE3 = Power(CC, 4)*RE2 + RE2[1];
RE4 = Power(CC, 8)*RE3 + RE3[1];
RE5 = Power(CC, 16)*RE4 + RE4[1];
RE6 = Power(CC, 32)*RE5 + RE5[1];
RE7 = Power(CC, 64)*RE6 + RE6[1];
RE8 = Power(CC, 128)*RE7 + RE7[1];

Signal = EMA - AA*RE8;

Plot1(Signal);
Plot2(0);