Zerolag HATEMA

Zerolag TEMA

The Zerolag HATEMA 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.

Indicator Description

The Zerolag HATEMA: 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.

Other Library Indicators

A higher timeframe Zerolag HATEMA may be used in combination with other tools for technical analysis, such as channel indicators, momentum oscillators, support / resistance levels and volume analysis. For channel indicators, you may review the Commodity Channel Index, Donchican Channel or the Squeeze Channel. A Donchian Channel Strategy was reviewed in our Indicator Spotlight, as was the Squeeze Momentum setup. Furthermore, the Indicator Spotlight looked at how the TDI indicator utilizes the RSI in three timeframes.

For support / resistance, you may consider using Fibonacci lines, for example the Prior Day Fibs, standard Daily PivotsCamarillo Pivots Daily or the Rolling Daily Pivots. Our Indicator Spotlight newsletter previously looked at a trading strategy based on Fibonacci Retracement levels.

For volume analysis you may review Better Volume or Relative Volume as discussed hereFor instruments that lack reliable volume information (FX/Crypto currencies), you may consider using the Relative Ranges indicator, which was discussed this post.

Other that the Zerolag HATEMA, our moving average category included the DWMA, Exponential Hull Moving AverageMoving Average Wave or the MA Cross. Additionally, you may want to review our trend analyis and trend filter indicators, such as the ADX, ADXR ADXVMA PlusDirectional Movement Index (DMI)Efficiency RatioButterworth FilterGaussian FilterLaguerre FilterRainbow FilterSupersmoother Filter and the Supertrend indicator.

Finally, you may consider managing positions by using the Chandelier Stop. Other trailing stop indicators are available from the Trailing Stops category.

The Zerolag HATEMA is available for NinjaTrader 8.