Is it possible to use Zero Lag Exponential in the code

• 06/11/2016 at 1:42 PM #9236
  janneta

  Hi Guys,

  Is it possible to use Zero Lag Exponential Bollinger in the code ?
  As far I see I can’t use Zero Lag Exponential Bollinger Up or down bands even they are displayed live on chart together with price. Is it possible to use it somehow in the code ?

  Thanks for any help,
  Janneta

  

  janneta

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  06/11/2016 at 4:53 PM #9244
  Nicolas

  Hi janneta,

  Yes it would be possible, but it needs to recode a complete bollinger bands indicator made of Zerolag EMA for that.

  Here is the code I just wrote for this:

  // parameters // period = 20 // dev = 2.0 lag = ROUND((period-1)/2) data = (close + (close-close[lag])) ZLEMA = exponentialaverage[period](data) BolUp = ZLEMA+STD[period]*dev BolDn = ZLEMA-STD[period]*dev RETURN ZLEMA as "ZeroLag EMA", BolUp as "Bollinger Up ZLEMA", BolDn as "Bollinger Down ZLEMA"

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  // parameters // period = 20 // dev = 2.0   lag = ROUND((period-1)/2) data = (close + (close-close[lag]))   ZLEMA = exponentialaverage[period](data) BolUp = ZLEMA+STD[period]*dev BolDn = ZLEMA-STD[period]*dev   RETURN ZLEMA as "ZeroLag EMA", BolUp as "Bollinger Up ZLEMA", BolDn as "Bollinger Down ZLEMA"

  Please find attached the file and a screenshot.

  

  Nicolas

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