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Zero Lag MACD
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=20872
Forum: 38 · Topic 20872 · 1 post(s)
Zero Lag MACD
Alexander.Gettinger · Thu Jul 05, 2012 4:42 pm
Original indicator: http://fxcodebase.com/code/viewtopic.ph … 623&p=3437
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
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