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EasyLanguage ZeroLagEMA indicator

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EasyLanguage ZeroLagEMA indicator

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 Big Mike 
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Here is a ZeroLagEMA (zero lag exponential moving average). I've included both the EasyLanguage source and the MultiCharts .pla. I've written it as a function and an indicator so you can easily use it in signals.

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

// April 10 2010
// Function

Price (NumericSeries),
length (NumericSimple);
ema0 (0),
ema1 (0);
ema0 XAverage(Pricelength);
ema1 XAverage(ema0length);

ZeroLagEMA ema0 + (ema0 ema1); 
// Big Mike Trading https://futures.io

// April 10 2010
// Indicator

Price (close),
length (14);
zlema (0);
zlema ZeroLagEMA(Pricelength);

MultiCharts pla attached.


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Attached Files
Register to download File Type: pla BMT-ZeroLagEMA.pla (3.1 KB, 170 views)
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Last Updated on April 10, 2010

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