MoveTracker

MoveTracker.efs  
EFSLibrary - Discussion Board  

File Name: MoveTracker.efs

Description:
MoveTracker

Formula Parameters:

Notes:

The Movetracker indicator is meant to track the difference between the current and the last bar close price. It is implemented as an oscillator showing price changes relative to the zeroline.

Download File:
MoveTracker.efs


EFS Code:

/*********************************
Provided By:  
    eSignal (Copyright c eSignal), a division of Interactive Data 
    Corporation. 2008. All rights reserved. This sample eSignal 
    Formula Script (EFS) is for educational purposes only and may be 
    modified and saved under a new file name.  eSignal is not responsible
    for the functionality once modified.  eSignal reserves the right 
    to modify and overwrite this EFS file with each new release.

Description:        
    This Indicator plots MoveTracker
    
Version:            1.0  01/20/2009

Formula Parameters:                     Default:


Notes:
    The Movetracker indicator is meant to track the difference between the 
    current and the last bar close price. It is implemented as an oscillator 
    showing price changes relative to the zeroline.

**********************************/

var bInit = false;

function preMain() {
    setStudyTitle("MOVETRACKER");
    setCursorLabelName("PDIFF", 0);
    setCursorLabelName("PDPOINTS", 1);
    setPlotType(PLOTTYPE_LINE, 0);
    setPlotType(PLOTTYPE_DOT, 1);
    setDefaultBarFgColor(Color.darkgrey, 0);
    setDefaultBarFgColor(Color.blue, 1);
    setDefaultBarThickness(2, 1);    
    addBand(0, PS_SOLID, 1, Color.red, "0");    
}

var xMom = null;

function main() {
    if ( bInit == false ) { 
        xMom = mom(1);
        bInit = true; 
    } 

    var nVal = xMom.getValue(0) - xMom.getValue(-1);
    if (nVal == null) return;
    return new Array (nVal, nVal);
}