Indicators: Corrected generalized DEMA

 

Corrected generalized DEMA:

Corrected generalized DEMA

Corrected generalized DEMA

Author: Mladen Rakic

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Automated-Trading:

Corrected generalized DEMA:

Author: Mladen Rakic

Good work, appretiate.
 
This calculates the moving average (MA) by re-averaging the MA calculated in the first step. The idea is good. The positive effect is to reduce the lag of the final MA. I approve.