John Ehlers ZERO LAG alagrande's version for THINKORSWIM - futures io

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# John Ehlers ZERO LAG alagrande's version for THINKORSWIM

 (login for full post details) #1 (permalink) glendale ca usa     Posts: 97 since Sep 2017 Thanks: 11 given, 75 received #NICA_ZEROLAG #This is my version, anyone is welcome to play with it and modify it for better results. input length = 20; input GainLimit = 50; input length2 = 4; input GainLimit2 = 20; def alpha = 2/ (length + 1); def alpha2 = 2/ (length2 + 4); def EMA = alpha*close + (1 - alpha)*EMA[1]; def EMA2 = alpha2*close + (1 - alpha2)*EMA2[1]; def Value1 = -GainLimit + GainLimit; def Gain = Value1/10; def Value2 = -GainLimit2 + GainLimit2; def Gain2 = Value2/10; def EC = alpha*(EMA + Gain*(close-EC[1]))+ (1 - alpha)*EC[1]; def Error = Close - EC; def EC2_ = alpha2*(EMA2 + Gain2*(close-EC[1]))+ (1 - alpha2)*EC[1]; def Error2 = Close - EC2_; def BestGain = Gain; def BestGain2 = Gain2; DEF LeastError = 1000000; plot EC1 = alpha*(EMA + BestGain*(Close - EC[1])) + (1 - alpha)*EC[1]; EC1.setDefaultColor(color.orange); plot EC2 = alpha2*(EMA + BestGain2*(Close - EC[1])) + (1 - alpha2)*EC[1]; EC2.setDefaultColor(color.UPTICK); plot EMA44 = alpha2*close + (1 - alpha2)*EMA[1]; #Plot1(EC); #Plot3(EMA); addcloud(EC1, EC2, COLOR.RED, COLOR.GREEN); ASSIGnPriceColor(IF EC1EC2[1] then color.yellow else color.current); ##
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