Rank: Member
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Joined: 10/12/2009(UTC)
Posts: 13
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Hi,
I know the first prev is assumed to be 0. My question is: can I initialize prev with some other value.
E.g. IF plot C*1.03
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Rank: Advanced Member
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Joined: 7/25/2005(UTC)
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Hi Nathan
Here's an example of how an EMA might initialize or seed bar one.
{Exponential Moving Average}
Pds:=Input("Periods",1,1000,10);
Rate:=2 / (Pds+1);
EMA:=If(Cum(1)=1, C, PREV*(1-Rate) + C*Rate );
EMA;
Roy
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Rank: Member
Groups: Registered, Registered Users
Joined: 10/12/2009(UTC)
Posts: 13
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Hi Roy,
Thank you very much for your help. It is very helpful.
Kind Regards,
Nathan
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