substracting moving averages

[Alelerar]

Hello, I would like to take a moving average of the market highs (x periods) and substract a moving average (y or X periods) of the market lows. Can I do that within eSignal? Thanks.

[ACM]

Alelerar
Yes you can.
The screenshot enclosed below illustrates the formula in its most basic form together with the resulting plot



For more information on the sma() function used in the formula see this article in the EFS KnowledgeBase which also includes several examples of its usage. You can find other examples on the required syntax in this thread in the forum.
Also search the forums as you will find other examples
Alex

Hello, I would like to take a moving average of the market highs (x periods) and substract a moving average (y or X periods) of the market lows. Can I do that within eSignal? Thanks.

[Alelerar]

moving average indicator

Thanks Alexis. Where can I learn about building this indicator inside eSignal? I have only used the indicators that come with the program.

Alelerar
Yes you can.
The screenshot enclosed below illustrates the formula in its most basic form together with the resulting plot



For more information on the sma() function used in the formula see this article in the EFS KnowledgeBase which also includes several examples of its usage. You can find other examples on the required syntax in this thread in the forum.
Also search the forums as you will find other examples
Alex

[ACM]

Alelerar
In this specific instance just open a new Script Editor window then type in the script as shown in the screenshot then save the formula with a name of your choice.
On a more general note if you are interested in learning about programming in EFS then you may want to start by reviewing the JavaScript for EFS video series and the Core JavaScript Reference Guide. Those will provide you with a thorough introduction to programming in JavaScript which is at the foundation of EFS. Then go through the EFS KnowledgeBase and review the Help Guides and Tutorials which will provide you with the specifics of EFS. As you are learning also search the forums where you will find literally thousands between scripts and/or examples that you can use
Alex

Thanks Alexis. Where can I learn about building this indicator inside eSignal? I have only used the indicators that come with the program.

[Alelerar]

Thanks Alex.

Thanks Alex. Once I write the indicator (my formula) is complete, is there a way to apply one of the studies already within eSignal to that formula? or I have to write another formula?

[ACM]

Alelerar
You will need to write [or modify] another formula
If you search the forums for stud* on stud* you will find many examples on how to create them
Alex

Thanks Alex. Once I write the indicator (my formula) is complete, is there a way to apply one of the studies already within eSignal to that formula? or I have to write another formula?

[Alelerar]

Thanks again.

thanks for your help.

[ACM]

Alelerar
You are welcome
Alex

thanks for your help.