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Date/Time: Sun, 22 Jul 2018 14:52:08 +0000



[User Discussion] - Offering To The Community: Efficiency Ratio Indicator With Filters

Support Request:
[2015-07-19 14:26:40]
bjohnson777 (Brett Johnson) - Posts: 224
I've been programming some indicators from my base tool kit and am offering them to the community. I request they be added into the main SC distro once checked over.

From the "Display Study Documentation" button:

Efficiency Ratio Indicator With Filters by Perry Kaufman. This indicator measures volatility relative to previous samples. In short, it measures the direct distance between 2 points and divides it by the sum of the difference between each of those points. The normal indicator range is 0.0 to 1.0 (essentially 0% to 100%). Values closer to 1.0 are moving with a higher efficiency than those closer to 0.0.

This version includes extra smoothing options to help clean up the output line.

This algorithm forms the core of the generic adaptive moving average line.

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Minor update 2016-10-15. No major function changes.
Regular compiles moved to "Brett Johnson's Standard Tool Kit" DLL.
https://www.sierrachart.com/SupportBoard.php?ThreadID=18945
Date Time Of Last Edit: 2016-10-15 06:42:12
attachmentEfficiencyRatioIndicatorWithFilters.cpp - Attached On 2016-10-15 06:41:57 UTC - Size: 7.86 KB - 45 views
attachmentEfficiencyRatioIndicatorWithFilters.dll - Attached On 2016-10-15 06:42:03 UTC - Size: 77.5 KB - 30 views
[2016-10-15 06:42:36]
bjohnson777 (Brett Johnson) - Posts: 224
Today's DLL was compiled with the M$VC++ change over.
You may need to update your SC version.
Keep your previous DLL version until you've tested the new compile.
Most changes were made to shut up useless M$VC++ warnings when compiling.
There are a few compile warnings left about "argument" that can be ignored.
No real functionality changes have been made.

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