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Does Anybody Remember the Indicator ..

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Carl Schreiber
6591
Carl Schreiber 2016.06.16 21:35 

HI,

I know it has been discussed here.

It was an indicator that looks quite interesting but is nothing but an ema.

I remember there was a post that shows the original indicator and the ema and after some bars both show identical values (line).

Doe anybody remember the name?

Fernando Carreiro
2348
Fernando Carreiro 2016.06.16 21:55  
gooly:

HI,

I know it has been discussed here.

It was an indicator that looks quite interesting but is nothing but an ema.

I remember there was a post that shows the original indicator and the ema and after some bars both show identical values (line).

Doe anybody remember the name?

Do you mean the comparison between a Smoothed Moving Average (SMMA) and the Exponential Moving Average (EMA) and that they are both the same except for the calculation of the weight constant?

For EMA, the weight = 2 / ( period + 1 ), and for SMMA, the weight = 1 / period!

Is that the one? https://www.mql5.com/en/code/7258

whroeder1
14517
whroeder1 2016.06.17 01:21  
Carl Schreiber
6591
Carl Schreiber 2016.06.17 05:18  

Thank you that was it!

I was experimenting with the Dema and I got the suspicion that it might this one. At least the - dema = 2*ema-ema(ema) -  looks somewhat different.

graziani
1955
graziani 2016.06.17 06:53  
good one. it actually comes down to EMA/SMA, as i've never seen a backtest where LWMA gave a good result. There are even some libraries with 20 different variations of MAs, but i couldn't benefit from them.
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