Indicators: Ultra Trend - Zero Lag MA
Hi Mladen and thank you, any mq4 version of this ?
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Ultra Trend - Zero Lag MA:
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 MA for trend calculations.
Author: Mladen Rakic