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GD.mq5 (8.28 KB) view

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The Generalized DEMA moving average. Double exponential smoothing is applied to a price, taking into account the effect of the secondary smoothing.

The indicator has three input parameters:

Calculation:

GD = (1.0+Volume factor) * EMA1 - Volume factor * EMA2

where:

EMA2 - EMA(EMA1, Period)
EMA1 - EMA(Applied price, Period)

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21832

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