Extra indicators
ZLEMA: Zero-Lag Exponential Moving Average
An exponential moving average that removes part of its own delay, so it turns sooner with the price.
Die Idee in einfachen Worten
Every moving average lags because it looks back. ZLEMA estimates how far the price has moved during that lag and adds it back before averaging, which pulls the line forward.
So wird gerechnet
Take the close, add the difference between the close and the close (N−1)/2 candles ago, then smooth the result with an ordinary EMA of N candles.
lag = ⌊(N − 1) ÷ 2⌋
ZLEMA = EMA(2 × close − close[lag], N)Anwendung
- As a faster trend line for entries and trailing stops.
- In crossover systems, to get earlier signals than with an EMA.
Schlüsse ziehen
- ZLEMA overshoots a little after sharp moves: that is the price of having less lag.
Beispiel
EURUSD M15: the EMA(21) is still falling when the ZLEMA(21) has already turned up two candles after the low; a trader watching ZLEMA notices the turn earlier.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- Faster lines give more false turns in sideways markets.
Ein wenig Geschichte
Introduced by John Ehlers and Ric Way in 2010 ("Zero Lag (Well, Almost)", Technical Analysis of Stocks & Commodities).
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.