zlma
The zero lag exponential moving average (ZLEMA) indicator was created by John Ehlers and Ric Way. The idea is do a regular exponential moving average (EMA) calculation but on a de-lagged data instead of doing it on the regular data. Data is de-lagged by removing the data from "lag" days ago thus removing (or attempting to) the cumulative effect of the moving average.
Usage
zlma [-l N_LENGTH] [-o N_OFFSET]
Parameters
| Name | Description | Default | Optional | Choices |
|---|---|---|---|---|
| n_length | Window lengths. Multiple values indicated as comma separated values. | 20 | True | None |
| n_offset | offset | 0 | True | None |
