TEMA

Zero Lag TEMA Crosses – indicator MetaTrader 5

by
Zero Lag TEMA Crosses - indicator for MetaTrader 5
This indicator is actually a combination of two values: it shows the crosses of fast and slow Zero Lag TEMA, and that cross determines the current market trend. Since Zero Lag TEMA is from a family of fast averages, this indicator is very responsive to sudden market changes. PS: it is a standalone indicator. It … Read more

Ultra Trend – Zero Lag TEMA – indicator MetaTrader 5

by
Ultra Trend - Zero Lag TEMA - indicator for MetaTrader 5
Ultra Trend is an indicator that uses different period averages (usually it is JMA), checks their slopes and calculates the trend from those slopes. This version is using a “fast” (fast in response to market changes) Zero Lag TEMA for trend calculations. It is a standalone indicator though (it does not need any other indicator … Read more