The Elite Circle - K_WAve_v1 for ToS
futures io

Categories Help    

The Elite Circle
File sharing for Elite Members only, includes any and all platforms and file types

K_WAve_v1 for ToS 5 *
This is my new "magnifier" Zero-Lag Weighted AVErage (K_WAve). the idea I was looking for is to create a moving average that magnifies the price moves and trend direction changes - with as minimum lag as possible.

the concept is mathematically simple, and is based on the same Zero-lag MA technique used in DEMA & TEMA. The values of the line should not be referred to - they mean very little, it's the color and relative position of the peaks/troughs that really matter. Also the intersection points with other MA's on the chart.

Interesting that the K_WAve will indicate trend change sometimes before the Zero-lag WMA. the base WMA and the Zero-lag WMA are exposed by default (can hide them from Study Settings)

  • K_WAve can be used for swing trading or integrated with trend-following techniques with entry on retraces - the retraces (hooks) can be made more obvious using the K_WAve line.
  • this works on time or tick charts and any aggregation.
  • added optional smoothing and adjustable "magnification factor". when set to Smoothing = 1, and Magnify = 0, K_WAve becomes a regular zero-lag WMA.
  • Up/Down colors adjustable from study settings.

Feedback welcome.

Category The Elite Circle 
Suggest other entries I might like
Details: K_WAve_v1 for ToS
Category: The Elite Circle 

March 22nd, 2013
Size: 692 bytes
Downloaded: 515 times

Keywords: tos trend wma zero-lag k_wave


Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada),
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.