Indicators: Double Exponential Moving Average (DEMA)

 

Double Exponential Moving Average (DEMA):

Double Exponential Moving Average technical Indicator (DEMA) was developed by Patrick Mulloy and published in February 1994 in the "Technical Analysis of Stocks & Commodities" magazine.

It is used for smoothing price series and is applied directly on a price chart of a financial security. Besides, it can be used for smoothing values of other indicators.

The advantage of this indicator is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend.

Double Exponential Moving Average Indicator

Author: MetaQuotes Software Corp.

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