Please find updated version of Zero lag crossover. In addition to this added 20/50 to get better results.
ZLWMA = 8 identified by Blue line
Fast = 21 identified by Red line
How to Trade:
Buy: Wait for positive crossover (Blue cross above Red) to happen trade can be taken there but to get better results post crossover once price move above 20 then buy can be initiated.
Sell: Wait for negative crossover (Blue cross below Red) to happen trade can be taken there but to get better results post crossover once price move below 20 then sell can be initiated.
Reason to wait for confirmation of price action above / Below moving average is most of the time it happens that even after crossover happens sometimes it was just a pull back and from there it could be a possibility for reversal. Once price action confirms moving above / below EMA20 then trade will be initiated.
Please comment and ask for any doubt
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