|
Hi bobnat,
This is what I got from google
Basically its just a standard EMA calculated on another standard EMA instead of the price
Double Exponential Moving Average
Indicator Library | Back | Home
Double Exponential Moving Average (DEMA) is created by calculating the Exponential Moving Average on the first Exponential Moving Average.
The Double Exponential Moving Average can be traded in the same fashion as the Simple Moving Average or Exponential Moving Average. When price crosses the moving average and increases, a continuing uptrend can be expected.
Formula
DEMA = EMA(EMA(Price, F1), F2)
See Also
# Triple Exponential Moving Average
# Exponential Moving Average
# Exponential Moving Average Difference
|