Zero-Lag Exponential Moving Average (ZLEMA)

Cancels most of the EMA lag by amplifying the newest price with its gain over the price from half an interval ago before smoothing. Hugs turning points that a plain EMA reaches several bars later.

Live Demo

Pick a market regime to see how ZLEMA(5) reacts:

Usage

import {ZLEMA} from 'trading-signals';
 
// ZLEMA yields results once 5 inputs have been added
const zlema = new ZLEMA(5);