Double Exponential Moving Average (DEMA) – indicator MetaTrader 5

Double Exponential Moving Average Indicator
Double Exponential Moving Average technical Indicator (DEMA) was developed by Patrick Mulloy and published in February 1994 in the “Technical Analysis of Stocks & Commodities” magazine. It is used for smoothing price series and is applied directly on a price chart of a financial security. Besides, it can be used for smoothing values of other … Read more

The class for drawing the DEMA using the ring buffer – indicator MetaTrader 5

The class for drawing the DEMA using the ring buffer - indicator for MetaTrader 5
Description The CDEMAOnRingBuffer class is designed for calculation of the technical indicator Double Exponential Moving Average (Double Exponential Moving Average, DEMA) using the algorithm of the ring buffer.   Declaration class CDEMAOnRingBuffer : public CArrayRing Title #include <IncOnRingBuffer\CDEMAnRingBuffer.mqh> File of the CDEMAOnRingBuffer.mqh class must be placed in the IncOnRingBuffer folder that need to be established in MQL5\Include\. … Read more

MACD DEMA – indicator MetaTrader 5

MACD DEMA - indicator for MetaTrader 5
In his TASC January 1994 article “Smoothing Data With Faster Moving Averages”, Patrick Mulloy describes a MACD that does not use EMA for MACD calculation but uses DEMA (Double Exponential Moving Averages). According to him: Patrick Mulloy: By simply extracting the estimate for the non-time related coefficient B0 in the formal one-parameter double Exponential Moving … Read more

DSL – DEMA MACD – indicator MetaTrader 5

DSL - DEMA MACD - indicator for MetaTrader 5
Variation of a long known and useful MACD indicator. This version is using: DEMA (Double Exponential Moving Average) instead of using EMA (Exponential Moving Average) for MACD calculation. DSL (Discontinued Signal Lines) and instead of using one signal line uses two. That way it sort of introduces levels as well as signal lines and, judging … Read more

Schaff Trend Cycle – DEMA – indicator MetaTrader 5

Schaff Trend Cycle - DEMA - indicator for MetaTrader 5
The Schaff Trend Cycle (STC) indicator is the product of combining Slow Stochastics and the Moving Average Convergence/Divergence (MACD). The MACD has a reputation as a trend indicator, but it’s also notorious for lagging due to its slow responsive signal line. The improved signal line gives the STC its relevance as an early warning sign … Read more

DEMA Jurik Volty Adaptive – indicator MetaTrader 5

DEMA Jurik Volty Adaptive - indicator for MetaTrader 5
Some of the average type indicators are, by their nature, suitable for being adaptive. One of them is DEMA (Double Exponential Moving Average). This version is using Jurik Volty for making the DEMA adaptive. PS: when comparing adaptive indicators with the non-adaptive versions, it always should be compared for long periods. The reason is simple: … Read more

Ultra Trend – Zero Lag DEMA – indicator MetaTrader 5

Ultra Trend - Zero Lag DEMA - indicator for MetaTrader 5
Ultra Trend is an indicator that uses different period averages (usually it is JMA), checks their slopes and calculates the trend from those slopes. This version is using a “fast” (fast in response to market changes) Zero Lag DEMA for trend calculations. It is a standalone indicator though (it does not need any other indicator … Read more