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>>You need to set the period to about half of what you would for a
simple MA.<<
That implies the lag is about twice what a sma is.
>>You need to adjust the period so that the lag is the same, then
compare the filter smoothness of the results (on real stock data).<<
I'm not sure how you are measuring smoothness, I suppose it means the
slowness with which the curve reacts to changes in prices. A period of
about 3 times the MA(TEMA) period has the hullma and lrc very close in
shape and lag to the MA(TEMA).
I have not found ma's to be very useful because they lag prices by too
much, to some extent it depends on what you are using the ma for.
Using them for a trailing stop is OK because you are taking advantage
of the lagging property. The same goes for dynamic S/R; however, I
prefer to use statistical measures.
Bill
--- In amibroker@xxxxxxxxxxxxxxx, Dennis Brown <see3d@xxx> wrote:
>
> Bill,
>
> You can not just use the same period for the various functions. You
> need to adjust the period so that the lag is the same, then compare
> the filter smoothness of the results (on real stock data). MA(TEMA)
> introduces both lead and lag into the filter. You need to set the
> period to about half of what you would for a simple MA.
>
> BR,
> Dennis
>
> On Apr 25, 2008, at 12:06 PM, bilbo0211 wrote:
> > --- In amibroker@xxxxxxxxxxxxxxx, Dennis Brown <see3d@> wrote:
> >> However, for a
> >> simple fixed period MA that performs better than any other simple
> >> filter I use MA(TEMA(Avg,Period),Period). Adjust the period to the
> >> same lag as other filters and see how smooth it is by comparison. It
> >> performs better for me than some filters that I have paid money for.
> >> Check it out.
> >>
> >
> > Both the Hull MA and Linear Regression curve both have much less lag
> > than MA(TEMA) and look pretty smooth to me.
> >
> > If you have not seen this:
> >
> > http://tuckerreport.com/indicators/
> >
> > Tucker has interesting info on LRC and std err bands.
> >
> > Bill
> >
> >
> > ------------------------------------
> >
> > Please note that this group is for discussion between users only.
> >
> > To get support from AmiBroker please send an e-mail directly to
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> >
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> >
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> >
> >
> >
>
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