Double Smoothed
Double Smoothing in Amibroker involves applying two layers of smoothing to indicators or price data. With the support of Amibroker’s data feed, traders use this technique to minimize market noise, revealing more distinct trends and patterns.
/_SECTION_BEGIN("Mom Dbl Smooth");
// variation
p=Param("P",7,1,50,0.5);
x=((C+2*StDev(C,p)-MA(C,p))/(4*StDev(C,p)))*100;
Slw=Param("Slow",4,1,30,1);
Pds=Param("Periods",9,1,30,1);
A = EMA((x-LLV(x,Pds))/(HHV(x,pds)-LLV(x,Pds)),Slw)*100;
x = EMA((A-LLV(A,pds))/(HHV(A,Pds)-LLV(A,Pds)),Slw)*100;
Plot(x,"Osc",colorWhite,5);
b=Param("B",50,5,100,1);
k=Param("K",60,5,100,1);
n=0.95;
r=HHV(x,k);
e=LLV(x,k);
Plot(e+(r-e*n),"O/B",4,5);//RED -TOP(SELL)
Plot(r-(r-e*n),"O/S",5,5);//GREEN-BOT(BUY)
Plot(IIf(x>e+(r-e*n),100,IIf(x