Double exponential moving average indicator
Posted: 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/
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/