Moving Average - Zero Lag Exponential (ZLEMA)
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The Zero-Lag Exponential Moving Average is a variation on the Exponential Moving Average. The Zero-Lag keeps the benefit of the heavier weighting of recent values, but attempts to remove lag by subtracting older data to minimize the cumulative effect.
... Courtesy of FMLabs
ZLEMA(int period)
ZLEMA(ISeries<double> input, int period)
Returns default value
ZLEMA(int period)[int barsAgo]
ZLEMA(ISeries<double> input, int period)[int barsAgo]
double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.
input |
Indicator source data (?) |
period |
Number of bars used in the calculation |
// Prints the current value of a 20 period ZLEMA using default price type |
You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.