EasyLanguage ZeroLagWMA indicator
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EasyLanguage ZeroLagWMA indicator


EasyLanguage Programming

Created April 10th 2010 by Big Mike
Updated April 10th 2010 by Quick Summary
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EasyLanguage ZeroLagWMA indicator

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EasyLanguage ZeroLagWMA indicator

Here is a ZeroLagWMA (zero lag weighted moving average). I've included both the function and the indicator, so it is easy to use in signals.

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Function:
 
Code
                            
// Big Mike Trading https://futures.io

// April 10 2010
// Function

inputs:
    
Price (NumericSeries),
    
length (NumericSimple);
    
vars:
    
wma0 (0),
    
wma1 (0);
    
wma0 WAverage(Pricelength);
wma1 WAverage(wma0length);

ZeroLagWMA wma0 + (wma0 wma1); 
Indicator:
 
Code
                            
// Big Mike Trading https://futures.io

// April 10 2010
// Indicator

inputs:
    
Price (close),
    
length (14);
    
vars:
    
zlwma (0);
    
zlwma ZeroLagWMA(Pricelength);

Plot1(zlwma"ZeroLagWMA"); 
The attachment is both for MultiCharts.

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