This version of the MACD named MACD Platinum is the MACD indicator calculated with ZeroLag moving averages (ZLEMA) .
ZLEMA is an abbreviation of Zero Lag Exponential Moving Average . It was developed by John Ehlers and Rick Way.
ZLEMA is a kind of Exponential moving average but its main idea is to eliminate the lag arising from the very nature of the moving averages and other trend following indicators.
