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Double EMA

Double Exponential Moving Average (DEMA) is a well-known trend 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. (Reference: MT5 Help Topics)

Input Description:

  • period: MA's period. Must be higher than 1.
  • applied_price: Define the price to be applied. Use 1 of these integers
    • 0 -> applied_price is Close Price
    • 1 Open price
    • 2 High price
    • 3 Low price
    • 4 Median price
    • 5 Typical price
    • 6 Weighted Typical price
  • shift: give an additional offset for the signal. Must not be higher than period.


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buy sell star indicator has a different algoritms then up down v6 and buy sell histogram indicators. so that i put this a another indicator on market. it is no repaint and all pairs and all time frame indicator. it need minimum 500 bars on charts. when  the white  x sign on the red histogram that is sell signals. when the white x sign on the blue  histogram that is sell signals. this indicator does not guarantie the win.price can make mowement on direction opposite the signals. this is multi tim
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Daniel Stein
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Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solut
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Version 1.10 2019.02.03
Off-by-one bug fix at the most left of the chart (like in 14-period indictors, it must start at 14th bars).