Heiken-ashi Zero-lag Tema - page 7

 

just the fast moving line...I don't need another line at all...

 
mladen:
secretcode You mean MACD of tema?

Yes Sir, please...

like fast zerolag tema 21 (price HA) , slow zerolag tema 144 (price TYPICAL) and signal as you wish

 

Fist this one : it is simplified zero lag tema that can use heiken ashi as input price too (always better to make all as functions, and now this one uses only functions in calculation - much easier to adapt to do any other job and bufers usage is reduced : from previous 8 buffers it used now it uses only 2, the rest are arrays)

Files:
 

array of hope...

 

Zero lag tema

And this is the zero lag tema with a "but" ...

"But" comes from the fact that this is a real zero lag tema for any price you use. In the "Heiken-ashi Zero lag tema" system of 2 zero lag tema values, when heiken ashi was used for a price field it calculated a "real" zero lag tema while if the price was any other price EMA was used (so an already EMA smoothed price) in calculation (hence such a big difference when you changed the price from heiken ashi to any other price)

This version has one additional parameter : Price pre smoothing. Default is 1 (no price pre smoothing) but if some other period is entered it will be first averaged and hen used in calculation (that goes for heiken ashi too - average heiken ashi will be used in that case). Price pre smoothing can be useful when you try to "iron out" the slope a bit to get a smoother result.

Changes of color on slope change added (nrp way - no repainting). On the example price pre smoothing 2 used

Files:
zl_tema.gif  40 kb
 

Looks great...thank you very much

 

Zerolag tema MACD

This a MACD that uses zero lag TEMA for calculation. Signal line is calculated as EMA. As far as colors of the macd line are concerned there are two possibilities : to color it on slope (when ColorOnSignalCross is set to false - upper macd on the example picture) or on signal line crosses (when ColorOnSignalCross is set to true - lower macd on the example picture). Default parameters are set to rather big values since the zero lag TEMA is a fast one - one should experiment with the parameters a bit in order to find the settings that suits the best the trading style one prefers

Files:
 

funny..."zero lag tema" in Russian means "real time news"...something like that

 

Hi bro Mladen,

Could you please make this Zero Lag Tema into MTF? That is very useful.

Thank you.

 
mladen:
This a MACD that uses zero lag TEMA for calculation. Signal line is calculated as EMA. As far as colors of the macd line are concerned there are two possibilities : to color it on slope (when ColorOnSignalCross is set to false - upper macd on the example picture) or on signal line crosses (when ColorOnSignalCross is set to true - lower macd on the example picture). Default parameters are set to rather big values since the zero lag TEMA is a fast one - one should experiment with the parameters a bit in order to find the settings that suits the best the trading style one prefers

Thanks Mladen for this indicator

Why the both crossover ( fast-24 and slow-52 Tema cross with MACD 0 line ) does not match each others ?