Ehlers Forward Reverse EMAThis is Ehlers most recent indicator, today is 6/17/18 "Forward and Reverse EMA". I have done my best to translate the code form trade stations easy language.
If anyone knows easy language could they check my translation against the easy language code below.
{
Forward / Reverse EMA
(c) 2017 John F. Ehlers
}
Inputs:
AA(.1);
Vars:
CC(.9),
RE1(0),
RE2(0),
RE3(0),
RE4(0),
RE5(0),
RE6(0),
RE7(0),
RE8(0),
EMA(0),
Signal(0);
CC = 1 - AA;
EMA = AA*Close + CC*EMA ;
RE1 = CC*EMA + EMA ;
RE2 = Power(CC, 2)*RE1 + RE1 ;
RE3 = Power(CC, 4)*RE2 + RE2 ;
RE4 = Power(CC, 8)*RE3 + RE3 ;
RE5 = Power(CC, 16)*RE4 + RE4 ;
RE6 = Power(CC, 32)*RE5 + RE5 ;
RE7 = Power(CC, 64)*RE6 + RE6 ;
RE8 = Power(CC, 128)*RE7 + RE7 ;
Signal = EMA - AA*RE8;
Plot1(Signal);
Plot2(0);