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 does not need any other indicator in order to work correctly.
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…
