No Lag Moving Averade

NLMA

NLMA is a new Moving Average indicator which has no lag and moves without delay respect to price changes. NLMA calculates EMA and then recalculate its moving average just like Double EMA or DEMA indicator. But after each MA, it uses a simple low pass filter to soften the curve. Not like SMA, low period value does not create sharp angles and NLMA curve keeps its softness.