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Indicators: DEMA_RLH

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Automated-Trading
Admin
99376
Automated-Trading 2014.03.11 13:54 

DEMA_RLH:

A system of three Moving Averages. The indicator draws colored clouds on the basis of three MAs:
  1. EMA1=EMA(Price);
  2. EMA2=EMA(EMA1);
  3. DEMA=2*EMA1-EMA2.

Figure 1. Indicator DEMA_RLH

Author: Nikolay Kositsin

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