Syntax
public SmoothedParabolic(Bars bars, int period, string description)
public static SmoothedParabolic Series(Bars bars, int period)Parameter Description
| Bars |
A Bars object |
| period |
Indicator lookback period |
Description
Smoothed Parabolic replaces the Extreme Point (EP) in the
Parabolic formula with an exponential moving average (
EMA) of extreme prices (highs for long trades and lows for short trades), making the formula:
Ptomorrow = Ptoday + AF(EMA(14,High) – Ptoday)
(for long trades)
Reference
Example
No example currently available.