ZeroLagMACD - indicator for MetaTrader 5

Unlike the standard MACD, the indicator has a smaller lag and three lines:

1. The MACD line;
2. A signal line;
3. Histogram.

The histogram can serve as a leading signal - the histogram color changes before the intersection of the MACD and signal lines.

The indicator has four input parameters:

• Period of the Fast EMA - fast EMA period;
• Period of the Slow EMA - slow EMA period;
• Period of the signal line - the signal line period;
• Applied price - indicator calculation price.