Zerolag TEMA Bars with Heiken Ashi Prices and Display Options
Summary
This indicator expands a MetaTrader 4 version of Zerolag TEMA Bars with Heiken Ashi equivalents for the regular price fields. It also retains a Heiken Ashi average, calculated from the Heiken Ashi open, close, high, and low, to preserve a value used by the original indicator. These details describe the available price inputs rather than a new trading rule or signal interpretation.
Users can choose a bar or candle display and toggle line visibility. The indicator also supports multiple timeframes and alerts. The document lists these features but gives no formulas for the TEMA calculation, alert conditions, timeframe handling, or evidence of trading performance. It therefore explains configuration and price-data options, but does not establish whether the indicator improves entries, exits, or results. Any use as a strategy component would require separate validation and risk controls.
Key ideas
- The indicator adds Heiken Ashi versions of regular price fields.
- A Heiken Ashi average is included to retain a value from the original indicator.
- The display can be set to bars or candles, with lines shown or hidden.
- The indicator supports multiple timeframes and alerts, but their rules are not described.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.