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Worden Discussion Forum » General Discussions » RealCode for StockFinder 5.0 » detrender residue for stock finder

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jschott
Posted : Friday, January 15, 2016 2:12:26 PM
Registered User
Joined: 10/27/2004
Posts: 821
Location: Philly area

I would like Real Code to plot the detrender residue, that is

Plot = Price - MA of Price

assume MA set at 21d and MA is EMA

 

thanks
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Bruce_L
Posted : Friday, January 15, 2016 2:26:14 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You could just add an exponential MACD 1, 21 to the chart.

'|******************************************************************
'|*** StockFinder RealCode Indicator - Version 5.1 www.worden.com 
'|*** Copy and paste this header and code into StockFinder *********
'|*** Indicator:Detrender Residue
'|******************************************************************
'# Period = UserInput.Integer = 21
Plot = Price.Last - Price.XAVG(Period)

-Bruce
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