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Heikin ashi TEMA average crossing

Heikin ashi, Japanese for “average bar,” is a technique used to better visualize price trends by recalculating the standard candlesticks. This technique was introduced by Dan Valcu in 2004. The average heikin ashi closing I calculate dividing the sum of the re-calculated heikin ashi values for open, high, low and close by 4. You can use a heikin ashi TEMA average smoothed value with a zero-laging technique, crossing with a TEMA zero-lagging average closing price, to create fast reliable crossings.

 

These are the formulas:

SVE_HA_Tema_ZL

avg := Input("Temagemiddelde? ",1,200,55);
haOpen:=(Ref((O+H+L+C)/4,-1) + PREV)/2;
haC:=((O+H+L+C)/4+haOpen+Max(H,haOpen)+Min(L,haOpen))/4;
TMA1:= Tema(haC,avg);
TMA2:= Tema(TMA1,avg);
Diff:= TMA1 - TMA2;
ZlHa:= TMA1 + Diff;
ZlHa

SVE_CloseTema_ZL

avg := Input("TEMA period? ",1,200,55);
TMA1:= Tema((H+L+C)/3,avg);
TMA2:= Tema(TMA1,avg);
Diff:= TMA1 - TMA2;
ZlCl:= TMA1 + Diff;
ZlCl

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heikin ashi tema crossing chart

Buy and sell crossings in CHRW with the zero-lagging TEMA averages.

 

 

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