Indicators: QEMA

 

QEMA:

QEMA - Quadruple Exponential Moving Average.

QEMA = 50, EURUSD D1

Author: Bruno Pio

 
Automated-Trading:

QEMA:

Author: Bruno Pio

Dear Bruno. The formula is not clear for me. What means "y"? Is it some coefficient? I found another example of calculation method like this one:

QEMA = 5*EMA – 10*EMA(EMA)+10*EMA(EMA(EMA))-5*EMA(EMA(EMA(EMA)))+EMA(EMA(EMA(EMA(EMA))))
Could you describe QEMA more precisely?

 
paladin800:

Dear Bruno. The formula is not clear for me. What means "y"? Is it some coefficient? I found another example of calculation method like this one:

QEMA = 5*EMA – 10*EMA(EMA)+10*EMA(EMA(EMA))-5*EMA(EMA(EMA(EMA)))+EMA(EMA(EMA(EMA(EMA))))
Could you describe QEMA more precisely?

it is the same you found.
Reason: