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EasyLanguage ZeroLagEMA indicator

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EasyLanguage ZeroLagEMA indicator

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Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Posts: 50,234 since Jun 2009
Thanks Given: 33,106
Thanks Received: 101,351

Here is a ZeroLagEMA (zero lag exponential moving average). I've included both the EasyLanguage source and the MultiCharts .pla. I've written it as a function and an indicator so you can easily use it in signals.


// Big Mike Trading

// April 10 2010
// Function

Price (NumericSeries),
length (NumericSimple);
ema0 (0),
ema1 (0);
ema0 XAverage(Pricelength);
ema1 XAverage(ema0length);

ZeroLagEMA ema0 + (ema0 ema1); 
// Big Mike Trading

// April 10 2010
// Indicator

Price (close),
length (14);
zlema (0);
zlema ZeroLagEMA(Pricelength);

MultiCharts pla attached.


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Attached Files
Register to download File Type: pla BMT-ZeroLagEMA.pla (3.1 KB, 191 views)
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Last Updated on April 10, 2010

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