The MT4 ZLEMA mtf nmc technical indicator automatically calculates and traces an exponential moving average EMA Zero Lag (Zero-Lag Exponential Moving Average)
ZeroLag indicators have been presented in the journal "Technical Analysis of Stocks and Commodities"
ZeroLAG EMA is an exponential moving average doubly smoothed without delay, more reactive than a conventional moving average, allowing to obtain the trading signals earlier.
Multi Time Frame An option allows you to select a time frame that is different from the current time frame for calculating the
Use multiple time frame indicator to identify the general trend of the short-term and long-term market and to anticipate points of Entry and exit of the trade with a global vision of the market.
If the signals correspond to the different time frames, the trading signal is stronger and more reliable.
Time Frame
M1 - 1 Minute
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
version supports Metatrader MT4 Build B600 and (nmc: New metatrader compliant)
included
zlema mtf nmc.mq4
Broker Online - Broker Exchange : platform MT4 Trading Metatrader
Interpretation Rules - signals from Trading
* buy signal :
Trend bull market . The price increases the ZLEMA moving average
. The ZLEMA mobile average has a positive angle and is heading upward
* Sales signal: trend bearish
. 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
More about the rules and trading signals:
Technical Analysis - Trader moving average ZLEMA
Technical Analysis - Trader CCI Filter Signals v0.
