Almost Zero Lag Moving Average for Metastock
To smooth it out further, one may apply it twice with smaller period for the second. But again, you cannot make the lag zero!
Indicator / Formula
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Period:= Input("What Period",1,250,10);
EMA1:= Mov(P,Period,E);
EMA2:= Mov(EMA1,Period,E);
Difference:= EMA1 - EMA2;
ZeroLagEMA:= EMA1 + Difference;
ZeroLagEMA1 comments
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Great. Thanks!