This indicator analyzes short-term price action on index futures and options charts by applying Rational Quadratic kernel smoothing to detect sideways consolidation ranges and potential breakouts. It processes pivot highs and lows over customizable loopback pe
Indicator · Pine Script v5 · On the chart
Zero-Lag MA Trend Levels
An overlay indicator that builds a zero-lag moving average by adding the gap between price and its EMA back to price and smoothing again, then compares it with a plain EMA.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code115
Settings4inputs
LicenceNone stated
Last update1 year ago9 Mar 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Crossovers give up and down signals and the lines change colour with direction. A box is drawn at signal levels, sized by ATR. Inputs set the zero-lag length, the longer EMA length and display toggles. Credited to ChartPrime.
- Zero-lag moving average
- Crossover signals with a plain EMA
- ATR-sized level box
- Direction-based colouring
Details
Published by
munlit on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Moving averages, Trend, Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Mostrar ZeroLag Trend | bool | true | showZeLag_trend |
| Mostrar box ZeroLag | bool | true | showZeLag_level_box |
| Longitud | int | 13 | zeLag_length |
| Longitud Ema | int | 20 | zeLag_lengthEmax |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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