xinolia

ZeroLag Evwma zero lag index smoothed high weighted average line

xinolia Updated   
ZeroLag Evwma zero lag index smoothed high weighted average line 零ラグ指数平滑出来高加重平均線
The Evwma exponential smoothing weighted average weighting line modified the EMA and weighted further with the volume.
Since the features of the Evwma exponential smoothing weighted average weight line are considerably good, I tried to convert it to Zero Lag using the upward compatible function of EMA on the condition.
It is unknown what makes Zero Lag meaningful. Perhaps the ZeroLag version is not necessary.
Evwma 指数平滑出来高加重平均線はEMAを改造してボリュームでさらに重みを付けました。
Evwma 指数平滑出来高加重平均線の素性がかなり良さげなので調子に乗ってEMAの上位互換関数なのを利用してZeroLag化してみました。
ZeroLag化して意味があるのは現状不明です。たぶんZeroLag版はいらないでしょう。
Release Notes:
We have adjusted the calculation formula of the exponentially smoothed volume weighted coefficient which is quite important, so we will use Ver2.
かなり重要な指数平滑出来高加重係数の計算式を調整しましたのでVer2とします。

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?