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Ultra Trend - Zero Lag DEMA - indicator for MetaTrader 5
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- 2018.08.06 15:23
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Ultra Trend is an indicator that uses different period averages (usually it is JMA), checks their slopes and calculates the trend from those slopes.
This version is using a "fast" (fast in response to market changes) Zero Lag DEMA for trend calculations.
It is a standalone indicator though (it does not need any other indicator in order to work correctly).
Ultra Trend indicator that uses a "fast" (fast in response to market changes) Zero Lag MA for trend calculations.
Mikko BreakoutMikko Breakout indicator is based on a break of previous highest high or lowest low.
Ultra Trend indicator that uses a "fast" (fast in response to market changes) Zero Lag TEMA for trend calculations.
Schaff Trend Cycle CD - NonLag MASchaff Trend Cycle CD is usually calculated using Signal line of the MACD, meaning EMA (Exponential Moving Average) of the difference of two EMAs (Exponential Moving Averages).