The Indicator ZeroLAG MA is a moving average with zero delay. The Indicator ZeroLAG MA was described in journal Technical Analysis of Stocks and Commodities, April, 2000 for the first time.
ZeroLAG MA calculates on formula:
ZeroLAG MA(i) = 2*MA(Price, P1, i) – MA(MA(Price, P1, i), P2, i);
MA – moving average;
Price – an aplyed price;
P1 – a period of the moving average under the first smoothing;
P2 – a period of the moving average under the second smoothing;