Double exponential moving average indicator

Indicators coded by community members
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pensiveowl
Posts: 10
Joined: Thu Oct 23, 2014 5:32 am

Double exponential moving average indicator

#1 Postby pensiveowl » Sat Aug 26, 2017 11:53 pm

Hi.. Is there someone who can help me create this indicator for FT2?

Double Exponential MA Formula:
DEMA = 2*EMA – EMA(EMA)

EMA = EMA(1) + α * (Close – EMA(1))
α = 2 / (N + 1)
N = The smoothing period.

Source http://etfhq.com/blog/2010/11/17/double ... g-average/

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