in TradeStation Easylanguage
Input: DampFactor(.3), MALength(5) ;
Vars: ProjMA(0), Mid(0), MA(0) ;
Mid = (High + Low)/2 ;
ProjMA = Mid - (DampFactor * (Mid - ProjMA[1])) ;
MA = Average(close, MALength) ;
Plot1 (ProjMA, "ProjMA" ,cyan, default, 1 ) ;
Plot2 (MA, "Avg", yellow, default, 1 ) ;
Thank you
Input: DampFactor(.3), MALength(5) ;
Vars: ProjMA(0), Mid(0), MA(0) ;
Mid = (High + Low)/2 ;
ProjMA = Mid - (DampFactor * (Mid - ProjMA[1])) ;
MA = Average(close, MALength) ;
Plot1 (ProjMA, "ProjMA" ,cyan, default, 1 ) ;
Plot2 (MA, "Avg", yellow, default, 1 ) ;
Thank you