I was hoping someone in our community here could and would convert the following Easy Language code to NT7? It's for a regularized exponential moving average out of the July '03 S&C magazine.

The only additions to the code I would like is for the average to change colors when rising or falling and to be able to select various types of averages to include EMA, SMA, HMA & WMA.

Thank you in advance to anyone who takes this on.

RegEMA: Indicator

inputs:
EMA_Length(9),
Lambda(9);

variables:
RegEMA(0),
Alpha( 2 / ( EMA_Length + 1 ) ) ;

if CurrentBar > 3 then
RegEMA = (RegEMA[1]*(1+2*Lambda) + Alpha*(C-RegEMA[1])-Lambda * RegEMA[2])/(1+lambda)

else

RegEMA = Close ;
Plot1( RegEMA, "RegEMA") ;

not sure if I do it right it looks pretty much like EMA

cory 

not sure if I do it right it looks pretty much like EMA

Hi Cory.

Thank you for your time spent on this. Something does seem off but not being a programmer, I cannot help much.

Typically, if the lambda is set to 0 then it will be exactly like the standard EMA. However, the higher the lambda, the more regularized or smoothed the average becomes.

mkaminski 

Hi Cory. Thank you for your time spent on this. Something does seem off but not being a programmer, I cannot help much. Typically, if the lambda is set to 0 then it will be exactly like the standard EMA. However, the higher the lambda, the more regularized or smoothed the average becomes.

ok , not a bad looking MA, see if it works correctly

Similar to Holt EMA?

Holt EMA Port to EL with color. input: price(close), gmma(40), alpha(20); vars: mygamma(gmma), myalpha(alpha), b(0); if alpha > 1 then myalpha = 2.0/(alpha+1.0) else myalpha = alpha; if gmma > 1 then mygamma = 2.0/(gmma+1) else mygamma = gmma; If CurrentBar …

Holt Trend-Corrected EMA Free Indicator: Holt Trend-Corrected EMA As the next in a line of free indicators, EOTPro is proud to release the Holt Trend-Corrected EMA. This variation on the EMA tracks an estimated trend component, allowing it to get inside the bars of a trending …

Mike

Big Mike 

Similar to Holt EMA? Holt EMA Port to EL with color. input: price(close), gmma(40), alpha(20); vars: mygamma(gmma), myalpha(alpha), b(0); if alpha > 1 then myalpha = 2.0/(alpha+1.0) else myalpha = alpha; if gmma > 1 then mygamma = 2.0/(gmma+1) else mygamma = gmma; If CurrentBar … Holt Trend-Corrected EMA Free Indicator: Holt Trend-Corrected EMA As the next in a line of free indicators, EOTPro is proud to release the Holt Trend-Corrected EMA. This variation on the EMA tracks an estimated trend component, allowing it to get inside the bars of a trending … Mike

calculation equation of regEMA is a little bit longer than Holt. And yes I cannibalized holt to make regEMA.

cory 

ok , not a bad looking MA, see if it works correctly

You're the MAN! Works perfectly.

Thank you once again for your time and efforts.

EMA vs RegEMA

cory 

EMA vs RegEMA

Looks quite similar to a 'DoubleMA' EMA.

Mike