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Ehlers Instant Trenline
I try to input an interesting formula to Metastock 7.21. I found out there are some tricks required.
Have a look at the code and comment if it is equivalent to the EasyStation code below:


Ehlers Instant Trenline


Itrend := If(Cum(1)<7,(pr+2*Ref(pr,-1)+Ref(pr,-2))/4,((alpha-alpha*alpha/4)*Pr+0.5*alpha*alpha*Ref(Pr,-1)-(alpha-0.75*alpha*alpha)*Ref(Pr,-2)+2*(1-alpha)*PREV-(1-alpha)*(1-alpha)*Ref(PREV,-1)));

Trigger := 2*Itrend - Ref(ITrend,-2);
{code ends here}

Ehlers Instant Trenline


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