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Views:: 6069
Rating:: (15)
Published:: 2018.08.06 15:23

Ultra trend - zero lag tema.mq5 (12.19 KB) view

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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 TEMA for trend calculations.

It is a standalone indicator though (it does not need any other indicator in order to work correctly).

Ultra Trend - Zero Lag DEMA

Ultra Trend indicator that uses a "fast" (fast in response to market changes) Zero Lag DEMA for trend calculations.

Ultra Trend - Zero Lag MA

Ultra Trend indicator that uses a "fast" (fast in response to market changes) Zero Lag MA for trend calculations.

Schaff Trend Cycle CD - NonLag MA

Schaff 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).

QQE of CCI

QQE (Quantitative Qualitative Estimation) using CCI (Commodity Channel Index) instead of RSI (Relative Strength Index) as a "basic" indicator.

Ultra Trend - Zero Lag TEMA - indicator for MetaTrader 5