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OK, so I have a page that provides a Zero Lag MACD exploration
http://trader.online.pl/MSZ/e-ex-Zero_Lag_EMA_Exploration.html
but the code for the indicator given is incorrect and comes up with an
error message.
Indicator : DS_EMA_X_MP()
Formula : if ( Cross(mov(mov(mp(),4,e))4,e),mov(mov(mp(),8,e))8,e)),1,
if (Cross(mov(mov(mp(),8,e))8,e),mov(mov(mp(),4,e))4,e)),-1,
0))
And whilst I understand your logic of using a MACD exploration and
substituting normal MACD for Zero Lag MACD I don´t know if my
understanding of Metastock formula is enough to achieve this.
I read somewhere on recent versions of Metastock(9.1) that a zero lag
MACD exploration comes as a standard exploration.
Yours
PAUL
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Paul,
>
> Do you have a normal EMA crossover and MACD exploration that you like?
>
> Preston
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "paul_vicmar"
> <paul_vicmar@> wrote:
> >
> > I have been looking at Zero Lag EMA and MACD and have noticed how
> > timely the signals are in respect to other MA systems.
> > I have been trawling the net in all the usual sites to see if I
> could
> > find a suitable Zero Lag MACD exploration or Zero Lag EMA Crossover
> > Exploration. But without any success.
> > This is the formula I am using for Zero lag EMA
> > Period:= Input("What Period",1,250,10);
> > EMA1:= Mov(CLOSE,Period,E);
> > EMA2:= Mov(EMA1,Period,E);
> > Difference:= EMA1 - EMA2;
> > ZeroLagEMA:= EMA1 + Difference;
> > ZeroLagEMA
> > And this is the formula for Zero Lag MACD
> > EMA1:= Mov(CLOSE,13,E);
> > EMA2:= Mov(EMA1,13,E);
> > Difference:= EMA1 - EMA2;
> > ZeroLagEMA13:= EMA1 + Difference;
> > EMA1:= Mov(CLOSE,21,E);
> > EMA2:= Mov(EMA1,21,E);
> > Difference:= EMA1 - EMA2;
> > ZeroLagEMA21:= EMA1 + Difference;
> > ZeroLagMACD:=ZeroLagEMA13 - ZeroLagEMA21;ZeroLagMACD
> > Any help would be greatly appreciated.
> > Thanxs
> > PAUL
> >
>
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