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Sody's Zero Lag Moving Average Convergence Divergence (MACD)
This is my entry to the challenge for the best indicator. While this indicator is nothing flashy like my past indicators, I am submitting it due to the fact that it is a reliable signal.
It is a MACD but calculated using a momentum-adjusted moving average that I call a zero-lag moving average because it is the closest thing I can get to that adjust for the lag in a filter. It works similar to a EMA, but instead of weighting the front end of the indicator to reduce lag (base effect), it adjusts the from on the moving average for a near-term ROC (momentum).
Use wisely!
Cheers,
Sody
APR 26 2021 UPDATE: It came to my attention that the file was a locked DLL, I have corrected the issue, you can now download the source code from here.
Category
NinjaTrader 8 Indicators and More
Details:
Sody's Zero Lag Moving Average Convergence Divergence (MACD)
Category:
NinjaTrader 8 Indicators and More
February 22nd, 2021
Size: 3.35 KB
Downloaded: 1261 times
2319
SodyTexas
Comments/ratings
JJ11
April 11th, 2021 08:04 AM
No Comment
JJ11
April 11th, 2021 08:05 AM
Thx
mrbmac
April 11th, 2021 08:09 PM
THNX
mrbmac
April 11th, 2021 08:10 PM
THNX
JadeL
April 12th, 2021 01:28 AM
Great reliable indicator
JadeL
April 12th, 2021 01:28 AM
No Comment
kempo
April 12th, 2021 05:59 PM
Interesting, thanks!
Haggai
April 13th, 2021 10:11 AM
Interesting. Can you explain how you achieve the most effective use of your indicator?
MacBugsy
April 13th, 2021 08:31 PM
No Comment
Konrad1983
April 22nd, 2021 03:16 AM
No Comment
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