Available translations

ZLSMA

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Summary: The Zero Lag LSMA (least squares moving average) or ZLSMA, is a moving average that uses linear regression to calculate a moving average with far less lag than a standard simple moving average.
ZLSMA on the Charts
The ZLSMA can be used in a similar way to other moving averages; where price action above the moving average indicates an upward trend, and below the moving action indicates a downward trend. Additionally, when the price action remains near the moving average value the trend is sideways.
Products & Properties
The following properties are available to access:
Product Name Product Variable Properties
ZLSMA zlsma value
The indicator's parameters can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under'ZLSMA'Procedure Loop.
Examples:
This indicator can be used to enter a trade when the price action rises above the ZLSMA value:
 chart.at01hs.candle.close > chart.at01hs.zlsma.value
Maintainer: