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Double & Triple Exponential Moving Average (DEMA & TEMA)
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=20396
Forum: 38 · Topic 20396 · 1 post(s)
Double & Triple Exponential Moving Average (DEMA & TEMA)
Alexander.Gettinger · Tue Jun 19, 2012 5:36 pm
Original indicators: viewtopic.php?f=17&t=1052
Developed by Patrick Mulloy and introduced in the February 1994 issue of Technical Analysis of Stocks & Commodities magazine, this trend indicator.
As Mr. Mulloy explains in the article: “Moving averages have a detrimental lag time that increases as the moving average length increases. The solution is a modified version of exponential smoothing with less lag time.”
It’s possible to use the Double & TripleExponential Moving Averages in the same way as the Simple Moving Average or Exponential Moving Average.
DEMA = EMA of EMA of Price TEMA = EMA of EMA of EMA of Price
DEMA:
Download DEMA:
TEMA:
Download TEMA: