ALMA
The ALMA indicator AFL code, when used with Amibroker data, enhances trend-following strategies. Known for reduced lag, ALMA provides smoother signals for timely entry and exit points. Amibroker data integration with the ALMA AFL code empowers traders to capture trends with greater precision, boosting overall trading performance.
SetChartOptions(2,chartShowDates);
GraphXSpace=5;
Plot(C,"",1,64);
function ALMA ( input, range, Offset, sigma )
{
local m, rs, w, r, sw, sr;
sw = 0;
sr = 0;
m = floor( Offset * (range - 1) );
s = range / sigma;
for( i = 0; i < range; i++ )
{
im = i - m;
w = exp( - ( im * im )/ ( 2* s * s ) );
r = w * Ref( input, - range + i + 1);
sw += w;
sr += r;
}
return sr / sw;
}
input=ParamField("Pricefield");
range=Param("Range",6,1,50,1);
Offset=Param("Offset",0.6,0.01,2,0.01);
sigma=Param("sigma",4,1,20,1);
x=ALMA(C,range,Offset,sigma);
//Col=IIf(x>Ref(x,-1),colorBlue,colorRed);
Plot(x,"",colorBlue,styleThick);