December 14th, 2010
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Version 1.1 July 17,2017
The ZerolagHATEMA and ZerolagTEMA were presented by Sylvain Vervoort in “THE QUEST FOR RELIABLE CROSSOVERS” Technical Analysis of Stocks & Commodities, May 2008. The Zerolag HATEMA is based on a TEMA that uses Heikin-Ashi candles as input series. In a second step Sylvain Vervoort applied zero-lag techniques to the HATEMA to compensate for its lag. For further details, please read the article by Sylvain Vervoort.
This indicator does not depend on the selected input series, as it uses open, high, low and close of each candle. As a consequence this indicator may not be used with any other input series than price.
The Zerolag TEMA and Zerolag HATEMA were presented by Sylvain Vervoort in “THE QUEST FOR RELIABLE CROSSOVERS” Technical Analysis of Stocks & Commodities, May 2008. The Zerolag TEMA is a version of the triple smoothed moving average which is less smooth, but more responsive to market movements. For further details read article by Sylvain Vervoort.
Sylvain Vervoort suggested to use the typical price as input series for the Zerolag TEMA. I have not hardcoded the typical price as input series. Please select the typical price as input series via the indicator dialogue box.
The ZeroLagHATEMA is a Heikin-Ashi smoothed zerolagging moving average, which was presented by Sylvain Vervoort in the May 2008 edition of the TASC (Technical Analysis of Stocks and Commodities) magazine.
The original version of this indicator was coded for the Trader's Tips of TASC and is available as a NinjaTrader download.
This is an updated version for NT 7.0, which has a bug of the original indicator removed.