Ultra Trend Indicator Using a Fast Zero-Lag Moving Average
Summary
Ultra Trend estimates market direction by calculating the slopes of moving averages with different periods. The indicator then derives a trend reading from those slopes. The described version uses a fast Zero Lag Moving Average for that calculation, with the stated aim of responding quickly to market changes.
The description is brief and does not specify the number or periods of averages, the formula used to combine their slopes, or the rules that map the calculation to a trend signal. It gives no example, chart evidence, backtest, or performance results. It also does not explain how signals might be traded or risk managed. The text therefore conveys the indicator’s general construction and its choice of a faster average, but it is insufficient to reproduce the full calculation or assess its reliability.
Key ideas
- The indicator estimates trend from the slopes of moving averages with different periods.
- Its trend calculation uses a fast Zero Lag Moving Average.
- The description says the average is intended to respond quickly to market changes.
- The exact periods, slope-combination formula, and signal rules are not supplied.
- No performance evidence or trading and risk-management rules are given.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.