EMAcalc.efs – EFS

EMAcalc.efs

File Name: EMAcalc.efs

Description:
Demonstrates how to create an exponential moving average calculation in EFS.

Formula Parameters:
nLength: Default is 10

Notes:
Default settings draw a 10 period exponential moving average of the Close.

Download File:
EMAcalc.efs

EFS Code:

/*********************************Provided By : eSignal. (c) Copyright 2003*********************************/function preMain() {    setPriceStudy(true);    setStudyTitle("EMA calculation");    setCursorLabelName("EMA of Close", 0);    setDefaultBarFgColor(Color.lime, 0); }var vEMA = null;var vEMA1 = null;var dPercent = 0.0;var bPrimed = false;function EMA(nLength, nArray) {    var nBarState = getBarState();    var dSum = 0.0;    var dRef;    if(nBarState == BARSTATE_ALLBARS || bPrimed == false) {        dPercent = (2.0 / (nLength + 1.0));        bPrimed = false;    }    if (nBarState == BARSTATE_NEWBAR) {        vEMA1 = vEMA;    }    if(bPrimed == false) {        for(i = 0; i < nLength; i++) {            dSum += nArray[i];        }        bPrimed = true;        return (dSum / nLength);    } else {        return (((close() - vEMA1) * dPercent) + vEMA1);    }}function main(nLength) {    if(nLength == null || nLength <= 0) nLength = 10;    var nArray = getValue("Close", 0, -nLength);    if(nArray == null) return;        vEMA = EMA(nLength, nArray);        return vEMA;}