MT4 indicator ported to pinescript the original code is here
www.forex-tsd.com/me...ving-average-86.html
www.forex-tsd.com/me...ving-average-86.html
//By Glaz study("EMA RSI Adaptive",overlay=true) EmaPeriod = input(14) RsiPeriod = input(14) Price = close docol = input(false,title="Color Change") RSvoltl = abs(rsi(close,RsiPeriod)-50)+1.0 multi = (5.0+100.0/RsiPeriod)/(0.06+0.92*RSvoltl+0.02*pow(RSvoltl,2)) pdsx = multi*EmaPeriod alpha = 2.0 /(1.0+pdsx) ema = nz(ema[1])+alpha*(sma(close,EmaPeriod)-nz(ema[1])) col = docol ? ema > ema[1] ? #0094FF : #FF006E : #0094FF plot(ema,color=col)