Exponential

Double Exponential Moving Average (DEMA) – indicator MetaTrader 5

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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

Triple Exponential Moving Average (TEMA) – indicator MetaTrader 5

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Triple Exponential Moving Average Indicator
Triple Exponential Moving Average (TEMA) technical indicator was developed by Patrick Mulloy and published in the “Technical Analysis of Stocks & Commodities” magazine. The principle of its calculation is similar to Double Exponential Moving Average (DEMA). The name “Triple Exponential Moving Average” does not very correctly reflect its algorithm. This is a unique blend of … Read more

Triple Exponential Average (TRIX) – indicator MetaTrader 5

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Triple Exponential Average Indicator
Triple Exponential Average (TRIX) was developed by Jack Hutson as an oscillator of the overbought/oversold market conditions. It can also be used as the Momentum indicator. Triple smoothing is used for removing the cyclic components in price movements with the period less than that of TRIX. The zone is used as the indicator of overbought … Read more

Holt’s double exponential smoothing – indicator MetaTrader 5

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Holt's double exponential smoothing - indicator for MetaTrader 5
The name of the indicator might be a bit misleading. Holt’s double exponential smoothing is mostly used for forecasting, not as an average. The forecasting method usually used with it is a sort of linear forecasting. – Double Exponential Smoothing   Like the regression forecast, the double exponential smoothing forecast is based on the assumption of … Read more

Holt’s double exponential smoothing (mt4 version) – indicator MetaTrader 4

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Holt's double exponential smoothing (mt4 version) - indicator for MetaTrader 4
The name of the indicator might be a bit misleading. Holt’s double exponential smoothing is mostly used for forecasting, not as an average. The forecasting method usually used with it is a sort of linear forecasting – Double Exponential Smoothing   Like the regression forecast, the double exponential smoothing forecast is based on the assumption of … Read more

Holt’s double exponential smoothing trend – indicator MetaTrader 4

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Holt's double exponential smoothing trend - indicator for MetaTrader 4
Holt’s double exponential smoothing, but showing only the trend component Even though the Holt’s double exponential smoothing is usually used in a sort of an “on-chart average like” indicator with a forecasting part, this version is showing what is not seen in that type of display. The trend component is an integral part of the … Read more

Holt’s double exponential smoothing trend – indicator MetaTrader 5

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Holt's double exponential smoothing trend - indicator for MetaTrader 5
Holt’s double exponential smoothing, but showing only the trend component. Even though the Holt’s double exponential smoothing is usually used in a sort of an “on-chart average like” indicator with a forecasting part, this version is showing what is not seen in that type of display. The trend component is an integral part of the … Read more

Pentuple Exponential Moving Average – indicator MetaTrader 5

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Fig. 1. The PEMA indicator
Real author: Bruno Pio A moving average with the five-fold EMA averaging, with a real period and the possibility to shift the indicator horizontally or vertically. The indicator uses the CMoving_Average class from the SmoothAlgorithms.mqh library. The class is described in detail in the article Averaging Price Series for Intermediate Calculations Without Using Additional Buffers. … Read more

Quadruple Exponential Moving Average – indicator MetaTrader 5

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Fig. 1. The QEMA indicator
Real author: Bruno Pio A moving average with the fourfold EMA averaging, with a real period and the possibility to shift the indicator horizontally or vertically. The indicator uses the CMoving_Average class from the SmoothAlgorithms.mqh library. Working with that class is described in detail in the article Averaging Price Series for Intermediate Calculations Without Using … Read more