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Home Lag MetaTrader 5 Indicator TEMA zero MetaTrader 5 Indicator | Zero_Lag_TEMA

MetaTrader 5 Indicator | Zero_Lag_TEMA

26.7.25 0

Indicator Zero Lag Triple Exponential Moving Average.

It has two configurable parameters:

  • Period - calculation period;
  • Applied price - price used for calculations.

Calculations:

ZLTEMA = TEMA1 + Diff

where:

Diff = TEMA1 - TEMA2  TEMA2 = 3*(EMA4-EMA5)+EMA6  EMA6 = EMA(EMA5, Period)  EMA5 = EMA(EMA3, Period)  EMA4 = EMA(TEMA1, Period)  TEMA1 = 3*(EMA1-EMA2)+EMA3  EMA3 = EMA(EMA2, Period)  EMA2 = EMA(EMA1, Period)  EMA1 = EMA(Applied price, Period)

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