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how the macd zero lag indicator works


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how the macd zero lag indicator works

  #1 (permalink)
 
DarrenH's Avatar
 DarrenH 
Cotswolds UK
 
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Hi could someone tell me the correct relationship with the indicators on the MAcds Zero Lag w/colours. I.E. what does it mean if the ADX line is above or below zero line.
or if the ADX is above or below macd line.
& what are the small diff lines that go up & down of the zero line

Thanks

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  #3 (permalink)
 
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 cory 
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DarrenH View Post
Hi could someone tell me the correct relationship with the indicators on the MAcds Zero Lag w/colours. I.E. what does it mean if the ADX line is above or below zero line.
or if the ADX is above or below macd line.
& what are the small diff lines that go up & down of the zero line

Thanks

first you need to post a picture to go with it, from your description alone it doesnt sound like just a MACD

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  #4 (permalink)
 
DarrenH's Avatar
 DarrenH 
Cotswolds UK
 
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Hi Cory here is image of indicator

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  #5 (permalink)
 
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 cory 
virginia
 
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DarrenH View Post
Hi could someone tell me the correct relationship with the indicators on the MAcds Zero Lag w/colours. I.E. what does it mean if the ADX line is above or below zero line.
or if the ADX is above or below macd line.
& what are the small diff lines that go up & down of the zero line

Thanks

this ADX is actually ADXMVA of MACD, its used to filter out some choppy time watch for macd cross flat ADX for long or short.

>what are the small diff lines that go up & down of the zero line

they are hash mark yellow = chop , blue = up, red = down, don;t try to make it too difficult.

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  #6 (permalink)
 nicosxm 
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Good Day,

Would anyone have available a full user guide for this "MACD ZeroLag w/Colors" Indicators for NT7.

Thanks.

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  #7 (permalink)
 
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 Big Mike 
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nicosxm View Post
Good Day,

Would anyone have available a full user guide for this "MACD ZeroLag w/Colors" Indicators for NT7.

Thanks.

The source code is your guide to understanding how it works, just view it.

Mike

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