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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

Comments/ratings

JayToday April 26th, 2021 06:54 PM

Thx!

JadeL April 26th, 2021 10:36 PM

No Comment

vjsnews April 28th, 2021 11:57 AM

No Comment

Michrick September 2nd, 2021 01:17 PM

All I can say is thanks, it works well

zoomie February 12th, 2022 10:39 AM

Thanks Sody...

lewtamarilla April 16th, 2022 04:47 PM

Thank you

Leafcutter March 14th, 2024 05:09 AM

This thing is cool!

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