NonLag MACD: A MACD Oscillator Using NonLag Averages
Summary
The document describes NonLag MACD, an oscillating indicator that substitutes a NonLag moving average into the familiar MACD structure. It identifies adjustable fast and slow average periods, a signal period, calculation methods, applied price, a noise filter, and a price deviation setting. The indicator calculates its NonLag average internally, so users do not need a separate terminal component for that average.
The material explains the indicator's construction and configurable inputs, but it does not specify formulas, default values, or signal interpretation rules. Two figure captions indicate examples, including one with a filter setting, but the figures themselves are not included in the text. No backtest or evidence of reduced lag or improved trading performance is presented, so the document supports understanding the parameterized indicator concept rather than judging its predictive value.
Key ideas
- NonLag MACD replaces standard moving averages in a MACD-style oscillator with NonLag averages.
- Its fast and slow periods and their calculation methods can be configured separately.
- Users can also adjust the signal period, applied price, noise filter, and price deviation.
- The indicator calculates the NonLag average internally and does not require a separate terminal component.
- The document gives no trading rules or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.