This is the part from the code of Buyers and Sellers indicator (lines 18.19 and 20)
double bearp = (iBearsPower(NULL, 0, 13,PRICE_CLOSE,0));
So, it is using the Bulls and Bears with period set to fixed period 13 as well as using the volume in calculation. What is reset to 0 is the volume on every new bar and hence you have an impression that it resets the "whole thing". I have compared them and the values of Buyers, Sellers and ratio is the same (except for the rounding that is done in the Buyers and Sellers indicator in the moment when it displays values (using the DoubleToStr(nnn,0) form) - I preferred not to round the values)
I know you're really busy, but if you have a chance, could you please take a look at this Fama indicator for me?
For some reason it doesn't automatically update, so I need to refresh the chart to use it.
This one basically the same called Mama its a combination of fama and mama.
What is the indicator in that picture that shows trend? It looks pretty nice.
This one, non lag zig zag.
Thank you sir.
Was trying to decipher what is that indicator exactly. MrTools has been on a right track but there is a "deviation" : the one you posted is one variation of Perry Kaufman's AMA (sometimes known as KAMA) with a "mysterious" filter. So the "f" in the name would probably be a "filter"
PPS: if you set the Filter parameter to 0 or less than 0 then you are in fact getting original KAMA
Can you code KAMA MACD indicator?Thanks.
Thank you for the mama indicator Mr. Tools.
Nice job Mladen, really like how it shows the "flat" spot in prices, very interesting.