Double

Laguerre stripped of double stochastic – indicator MetaTrader 5

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Laguerre stripped of double stochastic
Instead of using fixed levels, this version of double smoothed stochastic is using “stripped” Laguerre filter for levels and trends. Stripped Laguerre filter is showing intermediate steps performed by Laguerre filter as “levels” that can then be used as support/resistance (or overbought/oversold) levels (depending on the trading style) of the underlying indicator. In this case … Read more

ATR adaptive double smoothed EMA – indicator MetaTrader 5

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ATR adaptive double smoothed EMA - indicator for MetaTrader 5
There a lot of ways how some indicators can be made adaptive instead of calculating fixed periods One, less known method, is to use normalized ATR (Average True Range) for making the calculation adaptive. And since double smoothed EMA (Double smoothed Exponential Moving Average – originally published here : Double Smoothed EMA) is a a … Read more

Double weighted moving average – indicator MetaTrader 5

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Double weighted moving average - indicator for MetaTrader 5
Basics : Double weighted moving average is an LWMA (Linear Weighted Moving Average). Instead of doing one cycle for calculating the LWMA, the indicator is made to cycle the loop 2 times. That  produces a smoother values than the original LWMA Usage : It can be used the usual way : since the values are … Read more

Generalized double DEMA – indicator MetaTrader 5

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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 double DEMA – indicator MetaTrader 5

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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

Double smoothed stochastic of ratio – indicator MetaTrader 5

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Double smoothed stochastic of ratio - indicator for MetaTrader 5
Theory: Unlike the double smoothed stochastic itself (that was originally published here : Double Smoothed Stochastic), the “ratio” part of this version can be traced back to Walter Bressert – he uses it as an oscillator, but since that way of calculating (EMA(short)/EMA(long)) is known for long time before that, only the ratio is added … Read more

Double smoothed stochastic Blau – indicator MetaTrader 5

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Double smoothed stochastic Blau - indicator for MetaTrader 5
Theory: This version can easily be tracked down. It was originally published in an TASC article “Double-Smoothed Stochastic” by William Blau and was published way back in 1990. The calculation is defined as: where: C = Current closeLa = Lowest low in a daysHa = Highest high in a daysEy = y-day exponential moving averageEz … Read more

RSI adaptive double smoothed EMA – indicator MetaTrader 5

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RSI adaptive double smoothed EMA - indicator for MetaTrader 5
Theory : RSI adaptive EMA is known for quite some time (one version was published here : RSI Adaptive EMA ). It is a responsive indicator but in some cases it is producing too much signals (slope changes) due to that responsiveness. This version is addressing that issue : double smoothed EMA is faster than … Read more