Generalized DEMA – indicator MetaTrader 5

Generalized DEMA - indicator for MetaTrader 5
Theory: The double exponential moving average (DEMA), was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional moving averages. It was first introduced in the February 1994 issue of the magazine Technical Analysis of Stocks & Commodities in Mulloy’s article “Smoothing Data with Faster Moving Averages.”. The … Read more

Generalized double DEMA – indicator MetaTrader 5

Generalized double DEMA - indicator for MetaTrader 5
Theory: The double exponential moving average (DEMA), was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional moving averages. It was first introduced in the February 1994 issue of the magazine Technical Analysis of Stocks & Commodities in Mulloy’s article “Smoothing Data with Faster Moving Averages”. The … Read more

Corrected generalized DEMA – indicator MetaTrader 5

Corrected generalized DEMA - indicator for MetaTrader 5
Theory: The double exponential moving average (DEMA), was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional moving averages. It was first introduced in the February 1994 issue of the magazine Technical Analysis of Stocks & Commodities in Mulloy’s article “Smoothing Data with Faster Moving Averages.”. The … Read more

Corrected generalized double DEMA – indicator MetaTrader 5

Corrected generalized double DEMA - indicator for MetaTrader 5
Theory: The double exponential moving average (DEMA), was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional moving averages. It was first introduced in the February 1994 issue of the magazine Technical Analysis of Stocks & Commodities in Mulloy’s article “Smoothing Data with Faster Moving Averages.”. The … Read more