ZLEMA MACD Entries with EMA Trend and RSI Exit Filters

Summary

This multi-market strategy combines a zero-lag exponential moving average with MACD crossovers, a 100-period EMA trend filter, and RSI-based exits. It calculates a ZLEMA from two successive exponential averages, derives fast and slow lines from that series, and signals long entries when price is above the trend EMA and MACD crosses above its signal line. Short entries use the inverse conditions. The code also suppresses signals when the MACD and signal lines are close together. RSI threshold retracements and MACD or histogram changes are described as exit cues.

The document gives indicator formulas, default settings, and Pine Script, but no reported results establishing profitability or reduced lag in trading. It describes fixed percentage stops and a risk-reward target, yet the supplied code calculates those levels without attaching them to exit orders. The RSI and MACD close calls are the visible exit logic. The write-up also presents broad asset and timeframe applicability without evidence; costs, slippage, parameter sensitivity, and behavior across market regimes remain untested in the material provided.

Key ideas

• ZLEMA is used as the input series for fast and slow MACD calculations.
• Long and short entries require both a MACD crossover and alignment with the 100-period EMA trend filter.
• The code screens out crossovers when the MACD and signal lines are very close.
• RSI retracements and MACD changes can close positions, while the described stop and target levels are not attached to exit orders in the supplied code.
• No performance evidence is provided for the strategy across markets or timeframes.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.