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Exponential Moving Averages are a common tool for trading and investing but they have a “lag” or “loss” depending on their period. ZLEMAs (Zero-Lag/Loss-Exponential Moving Averages) for price window are minimizes this lag/loss and gives you up to 5 customizable ZLEMAs. Even more important it has the “colour coding” for other indicators in this shop. And you have all 5 of them in one indicator instead of adding 5 times the same indicator and fiddling with the colours.

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This indicator is opened in the price window and shows you the ZLEMAs (Zero-Lag/Loss-Exponential Moving Averages) of your chosen periods.

You can customize all 5 ZLEMAs in one window without the need to open  5 times the same indicator and fiddle with all the tiny adjustments in each window separately.

Additionally, it gives you the default values and colour coding used in other indicators in this shop to give you a better understanding of what you are looking at.

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