#zero_lag_exponential_moving_average

Zero lag exponential moving average

The zero lag exponential moving average (ZLEMA) is a technical indicator within technical analysis that aims is to eliminate the inherent lag associated to all trend following indicators which average a price over time. As is the case with the double exponential moving average (DEMA) and the triple exponential moving average (TEMA) this indicator aims to reduce the lag.

Thu 13th

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