Moving Average Envelopes Percentage (MAE%)

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Moving Average Envelopes Percentage (MAE%)

Postby Alexander.Gettinger » Fri Dec 07, 2018 2:43 pm

The oscillator shows Prices as percentage of MAE channels.
Formula:
MAE[i] = 100*(Price[i]-dn)/(up-dn), where
up = MA*(1+Offset/1000),
dn = MA*(1-Offset/1000),
MA - MVA(Price) with [Length] number of periods.

MAE%.PNG


Download:
MAE%_JS.jsl
(2.78 KiB) Downloaded 286 times
Alexander.Gettinger
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