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View an excerpt of my last 1st, 2nd and 3rd article about the put/call ratio published in S&C magazine.
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WINNER "Favorite Article" in the S&C Readers' Choice Award 2010 and 2011. Thank You!
AXIOM business books awards, bronze medal for my book! Thank You!
Sylvain Vervoort
WINNER 2010 and 2011 favorite article Readers' Choice Award.
AXIOM Business Books Awards, bronze medal.
Tema, Triple Exponential Moving Average was first introduced in Stocks & Commodities magazine February 1994 by Patrick Mulloy. Price is passed multiple times through the same filter and than combined. TEMA = 3*EMA – 3*EMA(EMA) + EMA(EMA(EMA)). If you are looking for a good smoothing, but still fast reacting average on longer time periods, then the TEMA average is for you.
Heikin ashi, Japanese for “average bar”, is a technique using a special kind of candle stick bars for better visualizing price trends. This technique has been introduced by Dan Valcu in the February 2004 issue of Stocks & Commodities magazine.
I calculate the average heikin ashi closing price as the result of:
(xClose+xOpen+xHigh+xLow)/4, the re-calculated heikin ashi prices.
We will mainly use this re-calculated closing price as a smoothed closing price introducing almost no delay in other formulas.
Tema, Triple Exponential Moving Average was first introduced in Stocks & Commodities magazine February 1994 by Patrick Mulloy. Price is passed multiple times through the same filter and than combined. TEMA = 3*EMA – 3*EMA(EMA) + EMA(EMA(EMA)). If you are looking for a better smoothing, but still with little lag using longer time periods, then the TEMA average on the heikin ashi price is for you.
You can use a heikin ashi TEMA average smoothed value with a zero-laging technique, crossing with a TEMA zero-lagging average typical price, to create fast reliable crossings.