Absolutely No Lag LWMA Indicator MT4 + MT5

The Absolutely No Lag LWMA Indicator plots a zero-lag linear weighted moving average that hugs price tightly and turns quickly. Also, the line is colour-coded by slope – lime while rising, red while falling – and prints a green BUY arrow on a flip up or a red SELL arrow on a flip down. The slope colour gives you an instant trend read between signals.

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What the Absolutely No Lag LWMA Indicator does on the chart

Also, the Absolutely No Lag LWMA Indicator plots a zero-lag linear weighted moving average on the chart. Also, still, it applies an LWMA twice and combines the results to cancel most of the lag a normal moving average carries, so the line hugs price closely and turns quickly when the trend changes.

The line is colour-coded by slope: lime while it is rising, red while it is falling. Thus, when it flips from falling to rising a green BUY arrow prints; when it flips from rising to falling a red SELL arrow prints. The slope colour gives you an instant trend read between signals.

Key features and settings

• Zero-lag double-LWMA that tracks price tightly
• Line colours lime (rising) / red (falling) by slope
• Green BUY arrow on a slope flip up
• Red SELL arrow on a slope flip down
• Single configurable period
• Full alert system: popup, push notification to mobile MetaTrader, email, and sound — all four channels toggle independently from the inputs panel. Alerts fire once per closed bar so you never get spammed mid-tick.
• Built for both MT4 and MT5; works on every timeframe and every symbol your broker offers.
• Lightweight code that does not slow down the chart.

Setting	Description	Default
MaPeriod	Length of the linear weighted moving average	32
ArrowOffsetPoints	Arrow offset from the candle wick	30
EnableAlerts	Master toggle for the alert system	true
EnablePopup	MT4/MT5 popup dialog on signal	true
EnablePushNotify	Mobile push notification (configure MetaQuotes ID first)	false
EnableEmail	SMTP email (configure Tools -> Options -> Email)	false
EnableSound	Play .wav from MT4/Sounds on signal	false

How to read signals from the Absolutely No Lag LWMA Indicator

Trade with the line colour. Also, still, hence, the arrows mark the exact bar the slope changes.

Entry idea (long). Wait for the line to flip lime and a green BUY arrow. Next, use the line as a trailing reference.

Entry idea (short). Wait for the line to flip red and a red SELL arrow.

In practice, Exit idea. Exit on the opposite slope flip, or when price closes hard against the line.

Tuning the Absolutely No Lag LWMA Indicator inputs

Start with the defaults, then tune for your market. MaPeriod (default 32) sets the averaging length — raise it for smoother, slower signals or lower it for faster, more sensitive ones. Then, every alert channel — pop-up, sound, email and mobile push — toggles independently in the same inputs panel, and alerts fire once per closed bar.

Recommended timeframes and instruments

This indicator reads best on the higher timeframes, where direction is cleaner and false turns are fewer.

• H1 and H4 for intraday trend trading.
• Daily for the dominant bias and swing setups.

As a result, on M5 to M15 expect more whipsaw, so raise the period to compensate. Thus, yet, it suits trending majors such as EURUSD and USDJPY and indices like US30 and NAS100.

How to install on MT4 and MT5

Installation is the same for every indicator on this site. Also, hence, truly, unzip the download, copy the compiled .ex4 into your MT4 MQL4/Indicators folder (or the .ex5 into MT5 MQL5/Indicators), refresh the Navigator, then drag it onto the chart. For the full step-by-step with alert setup and troubleshooting, see our guide to installing MT4 and MT5 indicators.

Best practices and tips

• Trade in the direction of the higher-timeframe trend and avoid counter-trend signals.
• Use the strength filter to skip weak, ranging conditions.
• Wait for the bar to close before acting on a signal.
• Backtest your configuration on at least 200 closed bars before trading live.
• Keep position sizing small while you learn how the tool behaves on your instrument.
• Review your results weekly and prune settings that underperform.

Get the Absolutely No Lag LWMA for MT4 and MT5

One email unlocks the full library. This The tool plus the other 1,382 free MT4, MT5 and TradingView indicators we publish and maintain. Next, plainly, no paywall, no upsell, same opt-in for all of them – you give an email once and you can grab every tool we ship.

Enter your email and the file lands in your inbox right after. The download is free.

Built by forexmt4systems.com

Typically, this It is one of 1,383 free MT4, MT5 and TradingView indicators we publish and maintain. Also, every tool ships with ready-to-use compiled MT4 (.ex4) and MT5 (.ex5) files, a 4-channel alert system (popup + mobile push + email + sound), and is loaded on EURUSD H1 before release to confirm it draws cleanly without repainting. The same one-step email opt-in below unlocks the entire library – not just this one indicator.

FAQ

What does the Absolutely No Lag LWMA measure?

It plots a clear signal layer that the Absolutely No Lag LWMA computes from recent price and volume on the chart.

Is the indicator non-repaint?

By default the indicator only confirms a signal on the bar close, so the printed signal locks in once that bar closes. Then, some users prefer the early intra-bar mode for faster signals — both options are in the inputs.

Which timeframe should I use?

There is no single best timeframe. Also, still, yet, still, m15 to H1 is a common starting point for intraday traders, and H4 to D1 works for swing traders. Backtest the configuration on the timeframe you actually trade.

Does it work on instruments other than forex?

It works on any instrument MT4 and MT5 supports — forex majors, gold (XAUUSD), indices like US30 and NAS100, and major cryptos. In addition, fast-moving instruments may need a smaller period setting.

Can I add alerts?

Yes. Thus, Pop-up, sound, push, and email alerts live in the inputs panel. On MT4 and MT5 the alert plays on the bar close that triggers the signal. Thus, truly, hence, this indicator ships with full alert functionality built in: popup alerts on the chart, push notifications to mobile MetaTrader, email alerts, and a sound alert with a configurable .wav file. Next, you toggle each channel independently from the inputs panel (EnableAlerts, EnablePopup, EnablePushNotify, EnableEmail, EnableSound). Then, alerts trigger once per closed bar.

For external background reading, see the technical indicator basics. Are results guaranteed?
No. Trading involves risk. Results are not guaranteed. Past performance is not indicative of future results. Use the tool as one input. Always backtest before trading live.