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ZLSMA
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:
Trends Data Mine — TOC
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3. Super Guppy
4. KAMA
5. ZLSMA
6. TRAMA
7. Hull Suite
9. SMMA
10. LWMA
11. VAWMA
13. Pursue Line
14. CoRa
15. Buy and Sell Trend Identifier
16. Keltner Baseline
19. MavilimW
20. Gann Swing