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Quadruple Exponential Moving Average

Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=64803
Forum: 48 · Topic 64803 · 1 post(s)

Quadruple Exponential Moving Average

Alexander.Gettinger · Wed Jun 14, 2017 11:47 am

Formula: QEMA=5MA1-10MA2+10MA3-5MA4+MA5, where MA1=Moving Average(Price), MA2=Moving Average(MA1), MA3=Moving Average(MA2), MA4=Moving Average(MA3), MA5=Moving Average(MA4).

QEMA_JS.PNG

Download:

QEMA_JS.jsl

For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430).

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