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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: 1263 times
2319
SodyTexas
Comments/ratings
Daytrader999
February 22nd, 2021 06:23 AM
No Comment
fivewhy
February 22nd, 2021 09:54 AM
No Comment
zmaj
February 24th, 2021 12:39 AM
tcwairoa
March 1st, 2021 07:15 PM
Always loved your work Sody
MrTrader
March 2nd, 2021 06:47 PM
Thank you
bobc635
March 16th, 2021 12:53 PM
Nice Job Sody....Thanks for posting!!
mailonline38
April 7th, 2021 07:58 PM
Thank you.
sukhsan
April 8th, 2021 10:10 AM
No Comment
Zenersev
April 10th, 2021 06:17 PM
thx
FELIX
April 11th, 2021 07:08 AM
GR8 ADDITION THANKS!!!!!
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