Corrected Moving average

bunder · #1 (**permalink**) 10-26-2006, 07:32 PM

Have someone can help with this indicator?

I need to have the possibility to draw the sma...or not...

Thanks

Here's Tradestation Code:

{Corrected Average (CA), A.Uhl, Oct. 25, 2005}

vars:
CA(0),SA(0),n(0),
v1(0),v2(0),K(0);

inputs:
Price(Close),length(35);

if CurrentBar=1 then
CA=Price
else
begin

if CurrentBar<length then
n=CurrentBar
else
n=length;

SA=Average(Price,n);
v1=Square(StdDev(Price,n));
v2=Square(CA[1]-SA);

if v2<v1 then
K=0
else
K=1-v1/v2;
CA=CA[1]+K*(SA-CA[1]);
end;

Plot1(CA,"Correct Avg",Red,White,3);
Plot2(SA,"Simple Avg",Blue,White,1);

bunder · #2 (**permalink**) 10-28-2006, 07:36 PM

Here's a chart example.

I'm not intentionally indicating the market or the time frame for showing the indicator capability to stay with a strong trend.

Hope that someone can program it in Metatrader.

ps: In this chart, this is not a sma but a Hull ma which served as a trigger.