Posted by: AlphaSeeker
Topic: Advanced Formula Techniques
Integrating MetaStock Formulas into Your Trading Strategy metastock formulas new
Traditional EMAs still have lag. This interesting formula aims to eliminate it by subtracting the error of a previous EMA from the current one. : Best for crossover strategies where timing the entry is critical. Comparison Title: Unlocking the Hidden Power of MetaStock: Rotational
HA_Close := (O+H+L+C)/4;
HA_Open := (Ref(HA_Close, -1) + Ref(HA_Open, -1)) / 2;
ZeroLagEMA := 2 * EMA(HA_Close, 10) - EMA(EMA(HA_Close, 10), 5);
ZeroLagEMA