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Plotting Forward Days
I want an indicator that will project an exponential moving average intothe next period
(i.e., draw tomorrow's line).It would be really spiffy if I could pl ug in tomorrow estimated/projectedclose and be able to adjust the indicator based on various projected closes.

Steve Karnish The formula below may be close to what you want, but it will not ploton the forward day.It will just plot the point where tomorrow's EMA would be. The equation is based on the MetaStock manual, page 459, concerningexponential moving averages.

Chuck Wemlinger


Plotting Forward Days

TC:=Input("Tomorrow's close",0.001,100000,1);
MAP:=Input("Moving Average Period",2,144,55);
MA1:=Mov(C,MAP,E);
EPX:=2/(MAP+1);
MA2:=(TC*EPX)+(MA1*(1-EPX));
ValueWhen(1,Cum(1)=LastValue(Cum(1)),MA2)

 

Source / From: TOP
http://www.guppytraders.com

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