REMA – indicator MetaTrader 5
Regularized EMA by Cris Satchwell. It has two parameters: Period – period; Applied price – price used for calculations. Calculation: REMA[i] = (REMA[i-1]*(1 + 2*Lambda) + Alpha*(Price[i] – REMA[i-1]) – Lambda*REMA[i-2])/(1 + Lambda) where Alpha=2/(Period + 1), Lambda=0.5. REMA – indicator MetaTrader 5