Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=67004
Forum: 48 · Topic 67004 · 1 post(s)
Alexander.Gettinger · Sat Nov 24, 2018 5:45 pm
Zero Lag MACD is initially introduced in the Stock & Commodities in 2000.
This version of MACD has much smaller delay in comparison with classic MACD.
Formula: MACD = (2 * EMA(price, FAST) - EMA(EMA(price, FAST), FAST)) - (2 * EMA(price, SLOW) - EMA(EMA(price, SLOW), SLOW)) SIGNAL = 2 * EMA(MACD, SIG) - EMA(EMA(MACD, SIG), SIG)) HISTOGRAM = MACD - SIGNAL
Download: