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.
Past performance is no guarantee of future performance.