Zerolag TEMA

Zerolag TEMA

The Zerolag HATEMA and Zerolag TEMA 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.

Indicator Description

The Zerolag TEMA is a version of the triple smoothed moving average which is less smooth, but more responsive to market movements. The Zerolag HATEMA and Zerolag TEMA were presented by Sylvain Vervoort in “THE QUEST FOR RELIABLE CROSSOVERS” Technical Analysis of Stocks & Commodities, May 2008. A ZerolagHATEMA can be downloaded via their page, however, this indicator contains a serious bug. We have therefore created our own version of this concept. For further details, please read the article by Sylvain Vervoort.

Other Library Indicators

A higher timeframe Zerolag TEMA 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 TEMA, our moving average category included the DWMA, Exponential Hull Moving AverageMoving Average Wave, MA Cross, Tillson T3 and the Zerolag HATEMA. 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 TEMA is available for NinjaTrader 8.