[Matsu]

Hi TrendLineBreak and Firedave

This is the formula for DEMA found in GFT's DealBookFx II, it should give you the same result as Phil's:

indicator DEMA;
input price = close, period = 21;
draw line("DEMA");
vars tmp(series);
begin
tmp := ema(price, period);
line := 2 * tmp - ema(tmp, period);
end.


Regards,

Matsu