The Zero lag exponential moving average ( ZLEMA ) indicator was created
by John Ehlers and Ric Way.
As is the case with the Double exponential moving average ( DEMA ) and
the Triple exponential moving average ( TEMA ) and as indicated by the
name, the aim is to eliminate the inherent lag associated to all trend
following indicators which average a price over time.
by John Ehlers and Ric Way.
As is the case with the Double exponential moving average ( DEMA ) and
the Triple exponential moving average ( TEMA ) and as indicated by the
name, the aim is to eliminate the inherent lag associated to all trend
following indicators which average a price over time.
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