EasyLanguage ZeroLagWMA indicator

NexusFi · 2010-04-10T13:09:36-04:00

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Discussion in EasyLanguage Programming

Updated April 10, 2010

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EasyLanguage ZeroLagWMA indicator

April 10th, 2010, 01:09 PM

#1 (permalink)

Big Mike

Manta, Ecuador

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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.

[img]https://nexusfi.com/v/7xa7sq.png[/img]

Function:

Code

                            
// Big Mike Trading https://nexusfi.com

// April 10 2010

// Function



inputs:

    Price (NumericSeries),

    length (NumericSimple);

    

vars:

    wma0 (0),

    wma1 (0);

    

wma0 = WAverage(Price, length);

wma1 = WAverage(wma0, length);



ZeroLagWMA = wma0 + (wma0 - wma1);

Indicator:

Code

                            
// Big Mike Trading https://nexusfi.com

// April 10 2010

// Indicator



inputs:

    Price (close),

    length (14);

    

vars:

    zlwma (0);

    

zlwma = ZeroLagWMA(Price, length);



Plot1(zlwma, "ZeroLagWMA");