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I have come across Jurik's site where its moving average and its utilisation are discussed at length. He mentions the utilisation of smoothed - little lag indicators ike his MA in indicators such as MACD. Jurik's add-ons do not include Metastock for reasons that I ignore but I was curious to apply his logic to Hull MA and/or Tillson T3 that come close to Jurik's MA. I am not sure whether this can be achieved by using either of these indicators as substitutes for price in the usual formulae for MACD or these indicators would substitute the EMAs in the formulae. Has anybody tested this idea?
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Rank: Advanced Member
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Sounds like zero lag stuff ... Do you have a specific link we can look at?
Patrick :mrgreen:
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Rank: Advanced Member
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Joined: 4/27/2005(UTC)
Posts: 126
Location: Italy
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the link is http://www.jurikres.com/
You are right about the zero lag idea. The site includes a lot of documentation short of telling how the MA is calculated. There are add-ons for most major trading software except Metastock. Wonder why. Tillson T3 is the MA that comes closest to Jurik's MA as shown in the documentation. No mention of Hull MA of Ehler's transforms is made. Curious to know yor opinion. Thanks.
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Rank: Advanced Member
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Alright here is a zerolag MACD I created a while back :
EMA121:=Mov(C,12,E);
EMA122:=Mov(EMA121,12,E);
Difference12:=EMA121-EMA122;
ZEMA12:=EMA121+Difference12;
EMA261:=Mov(C,26,E);
EMA262:=Mov(EMA261,26,E);
Difference26:=EMA261-EMA262;
ZEMA26:=EMA261+Difference26;
MyIndicator:=ZEMA12-ZEMA26;
Mov(MyIndicator,9,E);
MyIndicator;
Here is a Zero Lag MA I created a while back :
Period:=Input("Enter Periods",1,250,4);
EMA1:=Mov(P,Period,E);
EMA2:=Mov(EMA1,Period,E);
Difference:=EMA1-EMA2;
MyIndicator:=EMA1+Difference;
MyIndicator
Now .... On the other website the person is using his own dll, so ultimately we have no idea how it's calculated. I do not wish to inquire further because it is not worth it and I don't understand why people would protect an MA calculation :roll:
The indicators I posted were not my ideas, I just wrote the code based on an Tasc article about zerolag Ema and used the ema in the macd ...
Patrick :mrgreen:
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 4/27/2005(UTC)
Posts: 126
Location: Italy
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Thanks for clarifying the issue.
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