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Double Exponential Moving Average (DEMA) Double Exponential Moving Average (DEMA) is a smoother and faster Moving average developed with the purpose of reducing the lag time found in traditional moving averages. DEMA was first time introduced in 1994, in the article "Smoothing Data with Faster Moving Averages" by Patrick G. Mulloy in "Technical Analysis of Stocks & Commodities" magazine. In this article Mulloy says:
DEMA indicator formula
DEMA default period (t) = 21. DEMA is not just a double EMA. It's a combination of a single + double EMA for a lesser lag than either of the original two. How to trade with DEMADEMA can be used instead of traditional moving averages or the formula can be applied to smooth out price data for other indicators, which are based on moving averages. DEMA can help to spot price reversals faster, comparing to regular EMA. Let's compare 2 EMA crossover vs 2 DEMA crossover signals.
DEMA MACD for MT4Some of Mulloy's original testing of DEMA indicator was done on the MACD, where he discovered that the DEMA-smoothed MACD was faster to respond, and despite producing fewer signals, gave higher results than the regular MACD.
Besides MACD, DEMA smoothing method can be applied to various indicators. Patrick G. Mulloy says:
Another smoothing method developed by Mulloy is known as TEMA, which is a Triple Exponential Moving Average or, yet another Triple EMA version, developed by Jack Hutson - TRIX indicator. Copyright © Forex-indicators.net Comments |
Hi, I like to make EA (Expert Advisor) using DEMA. The DEMA formula I made below looks like incorrect, because I test it and it losing money. Could you please tell me the correct one. My name is Jeffrey and my email is jyoungaus(at)yahoo.com.au . Thank you.
double ema1 = iMA(NULL,PERIOD_H1,14,0,MODE_EMA,PRICE_CLOSE,0);
double ema1a = iMA(NULL,PERIOD_H1,14,0,MODE_EMA,ema1,0);
double ema2 = iMA(NULL,PERIOD_H1,28,0,MODE_EMA,PRICE_CLOSE,0);
double ema2a = iMA(NULL,PERIOD_H1,28,0,MODE_EMA,ema2,0);
double dema1 = (ema1 * 2) - ema1a;
double dema2 = (ema2 * 2) - ema2a;
if(dema1 > dema2){buy;}
if(dema1 < dema2){sell;}
Hi, I am unable to see the macd charts of dema. Whenever I open it shows olny blank indicator windows. I have tried all the options that I can try only as a basic user of MT4 as I am not good in coding.
Can you please help me solve this problem? what is the problem that it shows only blank indicator windows of this dema MACD only. other indicators are working and showing fine.
go to input change false instead true
Whats the process for installing DEMA in MT4? Av tried coping the download but it didnt work. U are doing a great job. Your presentation is jargonless. olatunde. email:[email protected]
This might help... may be
http://forex-indicators.net/faq
If you use Odin software then i have correct method for buy and sell...!!!!
start making money by reversing your formula m
help...may i know how to set in MT4?
I read through some comments and not sure if anyone responded to you? 1. The reason your EA does not work is because you are using DEMA indicators, not EMA. 2. The reason you cannot see the MACD is because it is coded with iCustom and pulls in data from the DEMA indicator. Be sure to add the DEMA indicator to your experts/indicators and then you will see the MACD just fine:)
To the host of the site. Thank you very much for the DEMA indicators. It was exactly what I was looking for. AWESOME!!
as I am new at downloading code could somebody be kind enough to help me I know the part C/Prograam files but its the part from downloading of code at the outset
Hi, my name is Daniel. Am a complete newbie in forex. I would like someone to please help explain how to use the metatrader indicators, MACD especially, how to use the EA and how to set it up to me. I would really appreciate it if anyone out there can help me. My email is [email protected]
Dear Admin,
Thank you for this great site. I am interested in MACD_3_DEMA_v101.mq4. Could you please explain this indicator in more details. Thanks, Wo1fx.
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