Can ANYONE help PLEASE ?

[bobnat]

Originally posted by philhackett

Dema is a superb indicator.

Phil

I've noticed your overly enthusiastic endorsement of the DEMA. I had asked on another post if it was a Displaced EMA. I don't believe you replied if you did I missed it. I did see on another post you called it a Double EMA. Exactly what is a Double EMA? I'm sure I'm not the only one on these boards that would like to know precisely what it is you're raving about.

Thanks

Nat

[TrendlineBreak]

Hi bobnat

This is what I got google

Basically its just a stard EMA calculated on another stard 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 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

[firedave]

Originally posted by TrendlineBreak
Hi bobnat

This is what I got google

Basically its just a stard EMA calculated on another stard 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 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

Hi TrendlineBreak do you think there is one like that on XTick ?

[Jusco]

Many thanks for your time advice as well.

I am busy setting up the 60 min chart with indicators as suggested. Looks interesting.

Jusco

[TrendlineBreak]

Hi Firedave

To create it in xtick just create a normal EMA put it on a chart then create another EMA with the same period when you get to the "apply to" sceen intead of applying it to the price apply it to the first EMA.

I've never used a DEMA but will have a study with them tonight.

[firedave]

Originally posted by TrendlineBreak
Hi Firedave

To create it in xtick just create a normal EMA put it on a chart then create another EMA with the same period when you get to the "apply to" sceen intead of applying it to the price apply it to the first EMA.

I've never used a DEMA but will have a study with them tonight.

TrendlineBreak another great idea !

BTW I must say sorry to Jusco to ask too many question on his thread didn't contribute anything

[Jusco]

No problem Firedave.

I must be ht that when I started this thread I didn't really expect any response. I'm amazed that people have taken the time effort with their advice chart postings etc I am not alone out their ! lol

Keep it rolling !

Jusco

[TrendlineBreak]

Firedave

I've had a play with the Double EMA actually turned it into a triple EMA on the chart below.

In xtick add a 2 EMA to a 15 min chart then add a 5 EMA of the 2 then add a 5 EMA of the 5 (hope this makes sense).

I have greyed out the 2 highlighted the other in red green as you can see they give similar crosses to a 5 + 8 EMA system but are a lot smoother quite a few of the false signals dissappear anyway have a play see what you think