OPEN-SOURCE SCRIPT
⚡ Zero-Lag 60s Binary Predictor
🧠 Core Anti-Lag Philosophy
The indicator's primary goal is to overcome the inherent lag of traditional indicators like the Simple Moving Average (SMA) or standard Relative Strength Index (RSI). It achieves this by focusing on:
Leading Indicators: Using derivatives of price/momentum (like acceleration and jerk—the second and third derivatives of price) to predict turns before the price action is clear.
Instantaneous Metrics: Using short lookback periods (e.g., ta.change(close, 1) or fastLength = 5) and heavily weighting the most recent data (e.g., in instMomentum).
Market Microstructure: Incorporating metrics like Tick Pressure and Order Flow Imbalance (OFI), which attempt to measure internal bar dynamics and buying/selling aggression.
Zero-Lag Techniques: Specifically, the Ehlers Zero Lag EMA, which is mathematically constructed to eliminate phase lag by predicting where the price will be rather than where it was.
The indicator's primary goal is to overcome the inherent lag of traditional indicators like the Simple Moving Average (SMA) or standard Relative Strength Index (RSI). It achieves this by focusing on:
Leading Indicators: Using derivatives of price/momentum (like acceleration and jerk—the second and third derivatives of price) to predict turns before the price action is clear.
Instantaneous Metrics: Using short lookback periods (e.g., ta.change(close, 1) or fastLength = 5) and heavily weighting the most recent data (e.g., in instMomentum).
Market Microstructure: Incorporating metrics like Tick Pressure and Order Flow Imbalance (OFI), which attempt to measure internal bar dynamics and buying/selling aggression.
Zero-Lag Techniques: Specifically, the Ehlers Zero Lag EMA, which is mathematically constructed to eliminate phase lag by predicting where the price will be rather than where it was.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.