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EasyLanguage ZeroLagWMA indicator


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EasyLanguage ZeroLagWMA indicator

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Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Posts: 50,234 since Jun 2009
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Thanks Received: 101,351

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(Pricelength);
wma1 WAverage(wma0length);

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(Pricelength);

Plot1(zlwma"ZeroLagWMA"); 
The attachment is both for MultiCharts.

Mike

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Attached Files
Register to download File Type: pla BMT-ZeroLagWMA.pla (3.1 KB, 81 views)
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Last Updated on April 10, 2010


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