Linear Kama

[rogerha]

Hi,

I have a suggestion for a new Study,

As opposed to using standard Moving averages to create LSMA, I would like an efs that uses KAMA to create the signal.

Title: LSKA
Regular Study
Price Study

Hopefully it should be feasible to use the KAMA efs (which is available) to plot a Moving Average of the in-built Linear Regression Study. The only configurable parameters should be nLength for Kama and nLength for Linear Regression.

[ACM]

rogerha
I am not aware that the LSMA uses a moving average in its calculations. In my understanding it is just the continuous plot of the end point of a regression
Irrespective, with EFS2 which is available in version 7.9 (currently in beta) and the amStudies Function Library you can already easily set up a study of that kind. The enclosed code is an example of how it can be done.

function preMain() {
    setPriceStudy(true);
    setStudyTitle("LSMAofKAMA");
    setCursorLabelName("LSKA");
}

var amLib = addLibrary("amStudies.efsLib");

function main() {

    return amLib.amLSMA(10,amKAMA(5,2,30));
} 

The resulting plot is shown in the following image



For information on the amStudies Function Library see this thread.
For more information or questions on EFS2 visit the EFS 2 Development Forum
Alex