Long time ago somebody made a DEMA (Double smoothed EMA) indicator and called it a zero lag EMA. Since then the zero lag name is used sometimes for that type of adjusting the average to have a lesser lag.
This indicator :
This indicator is using the DEMA method to produce a “zero lag” super smoother. Since super smoother already produces smooth results, the “zero lag” super smoother is smooth too, and as such, is having already quite a few signals filtered out
Zero lag TEMA - indicator MetaTrader 5 The Indicator ZeroLAG MA was described in journal Technical Analysis of Stocks and Commodities, April, 2000 for the first time…
Zero lag DEMA - indicator MetaTrader 5 The Indicator ZeroLAG MA was described in journal Technical Analysis of Stocks and Commodities, April, 2000 for the first time…
