Discussions
»
Resource Library
»
Trader's Tips from TASC Magazine
»
2015
»
January 2015: Whiter is Brighter (Universal Oscillator)
Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers
Joined: 10/8/2010(UTC)
Posts: 1,960
Thanks: 92 times
Was thanked: 155 time(s) in 150 post(s)
|
John F. Ehlers' article, “Whiter is Brighter”, introduced his Universal Oscillator. The MetaStock code for this indicator is listed below: Universal Oscillator: Code:bandedge:= 20;
whitenoise:= (C - Ref(C,-2))/2;
{super smoother filter}
a1:= Exp(-1.414 * 3.14159 / bandedge);
b1:= 2*a1 * Cos(1.414*180 /bandedge);
c2:= b1;
c3:= -a1 * a1;
c1:= 1 - c2 - c3;
filt:= c1 * (whitenoise + Ref(whitenoise, -1))/2 + c2*PREV + c3*Ref(PREV,-1);
filt1:= If(Cum(1) = 0, 0, If(Cum(1) = 2, c2*PREV,
If(Cum(1) = 3, c2*PREV + c3*Ref(PREV,-1), filt)));
pk:= If(Cum(1) = 2, .0000001,
If(Abs(filt1) > PREV, Abs(filt1), 0.991 * PREV));
denom:= If(pk=0, -1, pk);
If(denom = -1, PREV, filt1/pk)
|
|
|
|
|
|
| Users browsing this topic |
|
Guest (Hidden)
|
Discussions
»
Resource Library
»
Trader's Tips from TASC Magazine
»
2015
»
January 2015: Whiter is Brighter (Universal Oscillator)
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
