EMA Angle

EMAAngle.efs  
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File Name: EMAAngle.efs

Description:
EMA Angle

Formula Parameters:

• Length : 34
• AngleTreshold : 0.2
• StartEMAShift : 6
• EndEMAShift : 0
• Price Scale : 10000

Notes:

Download File:
EMAAngle.efs


EFS Code:

/*********************************
Provided By:  
    eSignal (Copyright c eSignal), a division of Interactive Data 
    Corporation. 2009. 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:        
    EMA Angle
Version:            1.0  09/30/2009
 
Formula Parameters:                     Default:
    Length                              34
    AngleTreshold                       0.2
    StartEMAShift                       6
    EndEMAShift                         0
    Price Scale                         10000
Notes:
    
**********************************/
var fpArray = new Array();
var bInit = false;

function preMain(){
    setPriceStudy(false);
    setShowCursorLabel(true);
    setShowTitleParameters(false);
    setStudyTitle("EMA Angle");
    setCursorLabelName("EMAAngle", 0);
    setPlotType(PLOTTYPE_HISTOGRAM, 0);
    setDefaultBarFgColor(Color.red, 0);
    setDefaultBarThickness(2,0);
    var x = 0;
    fpArray[x] = new FunctionParameter("Length", FunctionParameter.NUMBER);
    with(fpArray[x++]) {
        setLowerLimit(1);
        setDefault(34);
    }    
    fpArray[x] = new FunctionParameter("AngleTreshold", FunctionParameter.NUMBER);
    with(fpArray[x++]) {
        setLowerLimit(0.00001);
        setDefault(0.2);
    }    
    fpArray[x] = new FunctionParameter("StartEMAShift", FunctionParameter.NUMBER);
    with(fpArray[x++]) {
        setLowerLimit(1);
        setDefault(6);
    }        
    fpArray[x] = new FunctionParameter("EndEMAShift", FunctionParameter.NUMBER);
    with(fpArray[x++]) {
        setLowerLimit(0);
        setDefault(0);
    }            
    fpArray[x] = new FunctionParameter("PriceScale", FunctionParameter.NUMBER);
    with(fpArray[x++]) {
        setLowerLimit(0);
        setDefault(10000);
    }                
}

var xMA = null;

function main(Length, AngleTreshold, StartEMAShift, EndEMAShift, PriceScale) {
var nBarState = getBarState();
var nEndMA = 0;
var nStartMA = 0;
var nAngle = 0;
var dFactor = 3.14159 / 180.0;
var mFactor = PriceScale;
var ShiftDif = StartEMAShift - EndEMAShift;
    if (nBarState == BARSTATE_ALLBARS) {
        if(Length == null) Length = 34;
        if(AngleTreshold == null) AngleTreshold = 0.2;
        if(StartEMAShift == null) StartEMAShift = 6;
        if(EndEMAShift == null) EndEMAShift = 0;        
        if(PriceScale == null) PriceScale = 10000;        
	}
    mFactor = PriceScale;	
    mFactor /= ShiftDif;
	if (bInit == false) {
        xMA = ema(Length, ohlc4());
        bInit = true;
	}
	nEndMA = xMA.getValue(-EndEMAShift);
	nStartMA = xMA.getValue(-StartEMAShift);
	if (nEndMA == null || nStartMA == null) return;
	nAngle = mFactor * (nEndMA - nStartMA);
    if(nAngle > AngleTreshold) setBarFgColor(Color.green)
        else if (nAngle < -AngleTreshold) setBarFgColor(Color.red)
            else setBarFgColor(Color.black);
    return nAngle;
}