The
ZeroLAG EMA is a exponentially mobile average that is doubly smoothed without delay, more reactive than a traditional moving average, allowing to obtain the more trading signals early.
Multi Time Frames MTF: option to select a time frame different from the current time frame for the indicator calculation.
The simultaneous technical analysis of several time frames or graphs, Investor to identify the general trend of the short-term and long-term market to anticipate the entry and exit points of the trade with a global view of the market.
If the signals correspond to the different time frames, the probability of success increases with the strength of the signal: the trading signal is more reliable.
Time Frame
M1 - 1 Minute (60 seconds)
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
included
zlema mtf 2.mq4
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Trading Platform MT4 Metatrader Interpretation Trading Signals
* Buy: Signal trend bullish
. The price increases the ZLEMA moving average
. The ZLEMA moving average has a positive angle and is heading upward
* Selling short: Signal strong bearish trend
. The price cruises down the ZLEMA moving average
. The ZLEMA moving average has a negative angle and is heading downward
* Range Trading: no trend
. The moving average ZLEMA moves laterally flat
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