OPEN-SOURCE SCRIPT
Zero Lag MACD Enhanced - Version 1.0
*Zero Lag MACD indicator - Enhanced version 1.0*
Based on ZeroLag EMA - see Technical Analysis of Stocks and Commodities, April 2000
Original version by user Glaz. Thanks ! (see at the end of this description).
Tweaked by Albert Callisto
Displayed components:
You can choose between SMA or EMA for the moving averages. They give slightly different results. Glaz had used SMA instead of EMA. Most "zero MACD" scripts are based upon EMA.
Usage is similar to the classic MACD and it can be integrated in an existing strategy, you will notice the crossing occurs earlier.
This is the original version by Glaz:
Based on ZeroLag EMA - see Technical Analysis of Stocks and Commodities, April 2000
Original version by user Glaz. Thanks ! (see at the end of this description).
Tweaked by Albert Callisto
Displayed components:
- Fast and slow "zero lag" moving averages
- Histogram showing delta between the two moving averages
You can choose between SMA or EMA for the moving averages. They give slightly different results. Glaz had used SMA instead of EMA. Most "zero MACD" scripts are based upon EMA.
Usage is similar to the classic MACD and it can be integrated in an existing strategy, you will notice the crossing occurs earlier.
This is the original version by Glaz:
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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