everget

Zero Lag Exponential Moving Average

Zero Lag Exponential Moving Average indicator script based on the original version by John Ehlers and Ric Way
Oct 19
Release Notes: Fixed rounding
Dec 27
Release Notes:
  • Add coloring
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Comments

Hi @everget, your iteration of Ehlers & Way's ZLEMA appears to plot differently than HPotter's iteration of the "same" ZLEMA version. His is based on Ehlers & Way's too but the code is a little different. When comparing, HPotter's iteration appears to have less lag. Any idea why? Are they just different ZLEMA versions to begin with? Thanks

Here is the version I'm comparing to.
+1 Reply
everget wroclai
@wroclai, the difference is the "round" function - it rounds values like 4.5 or 7.5 to 5 and 8. But with "floor" function results are the same.
Harry doesnt use rounding - he pushes decimal value directly as length to ema.
Reply
wroclai everget
@everget, Oh okay, thanks for the explanation.
+1 Reply
You say that your script is based on the original version by John Ehlers and Ric Way. Is this the original version you've based your script from?
http://www.mesasoftware.com/papers/ZeroLag.pdf
http://traders.com/Documentation/FEEDbk_docs/2010/11/TradersTips.html#TT14
Can you do a more accurate version including the plot of the EMA and de EC? It would be awesome. Thank You.
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