MA Price Bar

[daniel1026]

eSignal has an efs called MAPrice Bar.
Does anyone know what the main concept of this efs is??
When do the Price Bars change colors and is it tied to the the MA ?
Can the MA be modified to an EMA or for its length.??
Thanks much

[ACM]

Re: MA Price Bar

daniel1026

Does anyone know what the main concept of this efs is??
When do the Price Bars change colors and is it tied to the the MA ?

The formula paints the price bars in red if the MA is above the Close and in lime if it is below. You can see the logic used to do this in lines 27-30 of the script

Can the MA be modified to an EMA or for its length.??

The length ia available as a user defined parameter and can be modified using Edit Studies
If you want the script to compute an ema then replace sma(...) in line 22 with ema(...)
If you want to make that a user selectable option then you will need to modify the script and use the FunctionParameter Object (see the link to the article in the EFS KnowledgeBase for the syntax and examples). As an example see also the customMA.efs formula which is provided in the EFS2 Custom formula folder of Formulas in your eSignal directory
Alex

Originally posted by daniel1026
eSignal has an efs called MAPrice Bar.
Does anyone know what the main concept of this efs is??
When do the Price Bars change colors and is it tied to the the MA ?
Can the MA be modified to an EMA or for its length.??
Thanks much

[daniel1026]

Thanks Alexis.