Is there any additional information on this indicator and what it is doing?
Rename
The LeastError indicator is part of the TASC indicator library, which is posted to GitHub if you want to look at the code. https://github.com/LucidDion/TASC-Extensions
An example of using it with WL6 is at http://www2.wealth-lab.com/WL5Wiki/TASCNov2010.ashx If you convert this example to WL8, please post it.
Perhaps you'll want to read John Ehlers' article in the November 2010 issue of Technical Analysis of Stocks & Commodities magazine to learn more about it. It looks like it's some kind of zero-lag filter, although I can't imagine how you can achieve a zero-lag without some kind of forecasting effort. What Ehlers basis that forecasting on (and what its limitations are) I don't know. I guess we'll have to read his article. Happy reading.
An example of using it with WL6 is at http://www2.wealth-lab.com/WL5Wiki/TASCNov2010.ashx If you convert this example to WL8, please post it.
Perhaps you'll want to read John Ehlers' article in the November 2010 issue of Technical Analysis of Stocks & Commodities magazine to learn more about it. It looks like it's some kind of zero-lag filter, although I can't imagine how you can achieve a zero-lag without some kind of forecasting effort. What Ehlers basis that forecasting on (and what its limitations are) I don't know. I guess we'll have to read his article. Happy reading.
Your Response
Post
Edit Post
Login is required