Would anyone be able to help create the John Ehlers Modified Optimal Elliptical Filter (TASC July 2000) for NinjaTrader?
It seems to be the closest 'open source' substitute for the Jurik Moving Average and I think it could be really useful as a component of other indicators.
Here is the formula:
Smooth = .13785*(2*Price – Price[1]) + .0007*(2*Price[1] – Price[2]) + .13785*(2*Price[2] –Price[3]) + 1.2103*Smooth[1] - .4867*Smooth[2]
This is what I tried, but I couldn't get it to work:
Also here is the .mq4 code if its helpful...
It seems to be the closest 'open source' substitute for the Jurik Moving Average and I think it could be really useful as a component of other indicators.
Here is the formula:
Smooth = .13785*(2*Price – Price[1]) + .0007*(2*Price[1] – Price[2]) + .13785*(2*Price[2] –Price[3]) + 1.2103*Smooth[1] - .4867*Smooth[2]
This is what I tried, but I couldn't get it to work:
Code:
Plot0.Set(0.13785 * (2*Close[0] – Close[1]) + 0.0007 *(2*Close[1] – Close[2]) + 0.13785*(2* Close[2] –Close[3]) + 1.2103*Plot0[1] -0.4867*Plot0[2]);
Code:
#property indicator_chart_window
#property indicator_buffers 1
#property indicator_color1 Red
double smooth[];
int buffers = 0;
int drawBegin = 0;
int init() {
drawBegin = 16;
initBuffer(smooth, "MOEF", DRAW_LINE);
IndicatorBuffers(buffers);
IndicatorShortName("ModifiedOptimumEllipticFilter");
return (0);
}
int start() {
if (Bars <= drawBegin) return (0);
int countedBars = IndicatorCounted();
if (countedBars < 0) return (-1);
if (countedBars > 0) countedBars--;
int s, limit = Bars - countedBars - 1;
for (s = limit; s >= 0; s--) {
smooth[s] = 0.13785 * (2 * P(s) - P(s + 1))
+ 0.0007 * (2 * P(s + 1) - P(s + 2))
+ 0.13785 * (2 * P(s + 2) - P(s + 3))
+ 1.2103 * smooth[s + 1] - 0.4867 * smooth[s + 2];
}
return (0);
}
double P(int index) {
return ((High[index] + Low[index]) / 2.0);
}
void initBuffer(double array[], string label = "", int type = DRAW_NONE, int arrow = 0, int style = EMPTY, int width = EMPTY, color clr = CLR_NONE) {
SetIndexBuffer(buffers, array);
SetIndexLabel(buffers, label);
SetIndexEmptyValue(buffers, EMPTY_VALUE);
SetIndexDrawBegin(buffers, drawBegin);
SetIndexShift(buffers, 0);
SetIndexStyle(buffers, type, style, width);
SetIndexArrow(buffers, arrow);
buffers++;
}
)
:
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