ReverseEMA

Description

Reverse EMA is a modification of the regular exponential moving average (EMA). Based on the assumption that the lag present in the regular EMA affects different frequencies of market data cycles, it attempts to eliminate this lag by including signal processing techniques such as Z-transform.

Reverse EMA can be used when analyzing trends and cycle components of price data. Normally, trends are analyzed on longer periods while market cycles are analyzed on shorter ones.

Input Parameters

Parameter

Description

price The type of price to calculate Reverse EMA for.
length The number of bars used to calculate Reverse EMA.

Plots

Plot

Description

ReverseEMA The Reverse EMA plot.
ZeroLine The zero level.

Example*

*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

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