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Almost Zero Lag Moving Average for Metastock
Rating:
5 / 5 (Votes 2)
Tags:
metastock, moving average
To smooth it out further, one may apply it twice with smaller period for the second. But again, you cannot make the lag zero!
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Indicator / Formula
Copy & Paste Friendly
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!