This is a classic version of error-correcting exponential moving average implementation which is used in DEMA and TEMA indicators. As said in its name, the error correction depth is increased to 33.
The indicator is optimized. It takes minimum resources. It is quite fast in view of calculation volume. It can overlay other indicators. As well as regular moving averages, nEma_33 is non-redrawable (except for the zero bar).
History is required > Period*33*33. According to the formula for the peri