NexusFi: Find Your Edge


Home Menu

 





John Ehlers Zero Lag


Discussion in ThinkOrSwim

Updated
    1. trending_up 1,251 views
    2. thumb_up 1 thanks given
    3. group 56 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

John Ehlers Zero Lag

  #1 (permalink)
Srt4ever
Miami+Florida/united states
 
Posts: 1 since Aug 2019
Thanks Given: 0
Thanks Received: 0

Good afternoon, Im looking for the original John Ehlers Zero Lag indicator for ThinkorSwim, if anyone has it or can program it can you please send it my way, thank you have a great day.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
ZombieSqueeze
Platforms and Indicators
Deepmoney LLM
Elite Quantitative GenAI/LLM
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
27 thanks
GFIs1 1 DAX trade per day journal
18 thanks
The Program
18 thanks
  #2 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,944 since Sep 2015
Thanks Given: 15,447
Thanks Received: 15,291


Srt4ever View Post
Good afternoon, Im looking for the original John Ehlers Zero Lag indicator for ThinkorSwim, if anyone has it or can program it can you please send it my way, thank you have a great day.


Reply With Quote
Thanked by:
  #3 (permalink)
 kjhosken 
Seattle, WA/USA
 
Experience: Intermediate
Platform: TOS, TS
Trading: Forex, crude
Posts: 96 since Sep 2016
Thanks Given: 7
Thanks Received: 35



Srt4ever View Post
Good afternoon, Im looking for the original John Ehlers Zero Lag indicator for ThinkorSwim, if anyone has it or can program it can you please send it my way, thank you have a great day.

Here is another version by Mobius.

 
Code
# Zero Lag EMA (Using an Error Correcting Filter) 
# Mobius 
# Ported to TOS 08.31.2016 from Article by John Ehlers 
# Using an EMA error term, the current price – EMA[1], the amplitude of the error term is altered by multiplying the error by a gain term. The new filter is an EC or Error Corrected EMA. 

# Inputs: 
input Length = 20; 
input GainLimit = 50; 
input LabelsOn = yes; 

 

# Vars: 
def alpha; 
def BestGain; 
def EC1; 
def Gain; 
def EC; 
def Error; 
def LeastError; 
def EMA; 

alpha = 2 / (Length + 1); 
EMA = alpha * close + (1 - alpha) * EMA[1]; 
plot EMAdata = EMA; 
EMAdata.SetDefaultColor(Color.Yellow); 
Gain = fold g = -GainLimit to GainLimit 
       do getValue(g / 10, g); 

EC1 = fold V = -GainLimit to GainLimit 
      do alpha * (EMA + (fold i = -GainLimit to GainLimit 
                         do i / 10) * (Close - EC1[1])) + (1 - alpha) * EC1[1]; 

Error = AbsValue(Close - EC1); 
If Error < 1000000 
Then { 
LeastError = Error; 
BestGain = Gain; 
} else { 
LeastError = LeastError[1]; 
BestGain = 0; 
} 

EC = alpha * (EMA + BestGain * (Close - EC1)) + (1 - alpha) * EC1; 

Plot ECdata = EC; 
ECdata.SetDefaultColor(Color.Cyan); 
AddLabel(LabelsOn, "Standard EMA", color.yellow); 
AddLabel(LabelsOn, "Error Corrected EMA", color.cyan); 
#End Code Error Corrected EMA

Follow me on Twitter Reply With Quote




Last Updated on September 10, 2019


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, 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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts