2016 Aug: The Middle-High-Low Moving Average by Vitali Apirine – EFS

MHL_MA.efs

File Name: MHL_MA.efs

Description:
The Middle-High-Low Moving Average by Vitali Apirine

Formula Parameters:

MHL_MA.efs

Lookback: 15
Avg Length: 35
Smoothing: sma
Show Average: true

Notes:
The related article is copyrighted material. If you are not a subscriber of Stocks & Commodities, please visit www.traders.com.

Download File:
MHL_MA.efs

EFS Code:

/*********************************
/*********************************
Provided By:  
eSignal (Copyright c eSignal), a division of Interactive Data 
Corporation. 2016. 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:        
    The Middle-High-Low Moving Average by Vitali Apirine

Version:            1.00  06/09/2016

Formula Parameters:                     Default:
Lookback                                15
Avg Length                              35
Smoothing                               sma
Show Average                            true



Notes:
The related article is copyrighted material. If you are not a subscriber
of Stocks & Commodities, please visit www.traders.com.

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

var fpArray = new Array();

function preMain(){
    setPriceStudy(true);
    setStudyTitle("MHL");
    setCursorLabelName("MHL",0);
    setCursorLabelName("MA",1);
    setDefaultBarFgColor(Color.RGB(0,148,255), 0);
    setDefaultBarFgColor(Color.RGB(255,155,0), 1);
    
    var x = 0;
    fpArray[x] = new FunctionParameter("Lookback", FunctionParameter.NUMBER)
        with(fpArray[x++]){
        setName("Lookback");
        setDefault(15);
        setLowerLimit(1);
    }

    fpArray[x] = new FunctionParameter("AvgLength", FunctionParameter.NUMBER)
        with(fpArray[x++]){
        setName("Avg Length");
        setDefault(35);
        setLowerLimit(1);
    }

    fpArray[x] = new FunctionParameter("Smoothing", FunctionParameter.STRING)
        with(fpArray[x++]){
        setName("Smoothing");
        addOption("sma");
        addOption("ema");
        setDefault("sma");
    }

    fpArray[x] = new FunctionParameter("isPlot", FunctionParameter.BOOLEAN)
        with(fpArray[x++]){
        setName("Show Average");
        setDefault(true);
    }
}

var bVersion = null;
var bInit = false;
var xMA = null;
var xBaseMA = null;

function main(Lookback, AvgLength, Smoothing, isPlot){
    if (bVersion == null) bVersion = verify();
    if (bVersion == false) return;
    
    if (getBarState() == BARSTATE_ALLBARS){
        bInit = false;
    }
    
    if(!bInit){
        xMA = eval(Smoothing)(AvgLength, middleDonchian(Lookback)); 
        xBaseMA = eval(Smoothing)(AvgLength);
        bInit = true;
    }

    if (xMA.getValue(0) != null){
        if (isPlot) return [xMA.getValue(0), xBaseMA.getValue(0)];
        else return xMA.getValue(0);
    }
}

function verify(){
    var b = false;
    if (getBuildNumber() < 719){
        
        drawTextAbsolute(5, 35, "This study requires version 10.6 or later.", 
            Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,
            null, 13, "error");
        drawTextAbsolute(5, 20, "Click HERE to upgrade.@URL=http://www.esignal.com/download/default.asp", 
            Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,
            null, 13, "upgrade");
        return b;
    } 
    else
        b = true;
    
    return b;
}