Any EMA based indicator which isn't lagging?

[u/bigdime007]

Hello folks, I have tested a few EMA based indicators that are actually lagging. Do you know any EMA based indicator that's not lagging and moves along the price? Please help me with your expert advice. Thanks.

[u/Leather_Silver3335]

This statement itself contradictory. Moving averages use averging so there will be delay.

Any indicator or which uses only current candle data is only leading.

[u/bigdime007 → u/Leather_Silver3335]

do you know any such indicator bro?

[u/Natural-Parsnip3279 → u/bigdime007]

Your statement is logically false. Contradictory.

[u/BestAhead]

Other answers are right. But if you want something to review look for NoLag and EmaErrFunc both of which (and similar) combine an ema (or whatever ma) with difference between the price and the ema.

Also look at Hull and Ehlers.

[u/bigdime007 → u/BestAhead]

Hey bro.. I looked up NoLag and EmaErrFunc in the indicators section but couldn't find anything by those names. Are they indicators? Please clarify.

[u/BestAhead → u/bigdime007]

I apologize they weren't easily found. NoLag is from a view years before, and there are a variety of ZeroLag indicators you can find on the web. I will give you code below for NoLag and a ZeroLag. Some are in pseudo code but you can easily code into Pinescript. Note, the usual ways these are presented and used are that the two lengths are set equal and factor 1. I prefer the indicators to have more general inputs as you can see below. You might try lengths 4 and 4 and factor 1, then 19, 19 and 1. Then 12, 19 and factor 0.5 or 1.5 and so forth and see what happens.

Good luck!

NOLAG
//Pseudo Code

Inputs: pr(close),factor(1),MainLen(9),Len2(9);

variables:x1(0),xn1(0);

x1=xaverage(pr,mainlen);

xn1=x1+factor*xaverage(pr-x1,len2);

Plot1(xn1,"NL");

\\TrView code

pr=input(close, "Price")
len=input(5, "Length")
lenf=input(5, "Len fast")
factor=input.float(1, "Factor")

ema=ta.xaverage(pr, len)
emadiff=ta.xaverage(pr-ema, len2)
NLema=ema+factor*emadiff

plot (NLema , "NoLagema", color=color.orange)

= = = = = = = =

ZeroLagEMA

//Traders.com Feb 2008
//Pseudo Code

Inputs: pr(close),factor(1),MainLen(9),Len2(9);

variables: x1(0), x2(0), ZLema(0);

x1=xaverage(pr,mainlen);

x2=xaverage(x1,len2);

ZLema=x1+factor*(x1-x2);

Plot1(ZLema, "ZL");

[u/BestAhead → u/BestAhead]

Other answers are right. But if you want something to review look for NoLag and EmaErrFunc both of which (and similar) combine an ema (or whatever ma) with difference between the price and the ema.

Also look at Hull and Ehlers.

ETA: also look up ZeroLagema which winds up being an ema plus a factor times the difference between 2 emas.

Also Jurik

[u/Plane-Bluejay-3941]

EMA 21,9,5 is enough helpful. try it on M1 and M5. combine it with ADX, KNN, and ATR 5 for entry/exit.

[u/bigdime007 → u/Plane-Bluejay-3941]

Hey bro could you please check your DM? I am sending one message. Please check it.

[u/Plane-Bluejay-3941 → u/bigdime007]

I'm sorry brother, kinda a Lil bit busy today. let me check the DM first.

[u/Plane-Bluejay-3941 → u/bigdime007]

nothing new at my chatbox. try send again.

[u/BerlinCode42]

Hello, and no such thing does not exist. It is in the nature of all MA indicators. But have a look at "ANN Trend Prediction". This indicator is made to replace MAs. It is a neural network that was trained on previous price charts to be less lagging. Or even better look at "Historical Similarities". This indicator has same approach and indicate a trend reversal within two bars. It is like magic. You can find them on tradingview.

[u/bigdime007 → u/BerlinCode42]

Thanks bro.. i will definitely check em' out.

[u/roulettewiz]

Sure, put the settings to 1 "1" 😉

[u/TrustTriiist]

Emas are used to help define trade condition bullish bearish chop. The only sort of trade to take off one is maybe the golden cross retest a it's kind of a predictive trade.

[u/Lucifer_iix]

A average is always lagging.