FXCodeBase.COM: Forex Chart Indicators and Development

Developed by Patrick Mulloy and introduced in the February 1994 issue of Technical Analysis of Stocks & Commodities magazine, this trend indicator.

As Mr. Mulloy explains in the article:
"Moving averages have a detrimental lag time that increases as the moving average length increases. The solution is a modified version of exponential smoothing with less lag time."

It's possible to use the Double & TripleExponential Moving Averages in the same way as the Simple Moving Average or Exponential Moving Average.

DEMA = EMA of EMA of Price
TEMA = EMA of EMA of EMA of Price



Update November 14

This is an old version,
is not deleted, because of compatibility,
with indicators and strategies that use it

Would be good if someone can add the option to change the solid line width to 2.

Quite difficult to see inf Marketscope with Line width 1.

Style Options Updated

This versions allow you to select type of moving average.
If you choose EMA Indkator is in every respect identical to DEMA or TEMA,
(depending on which indicator you use).

DEMA = EMA of EMA of Price
DMA = MA of MA of Price

Apprentice wrote:

DoubleMovingAverage.png

This versions allow you to select type of moving average.
If you choose EMA Indkator is in every respect identical to DEMA or TEMA,
(depending on which indicator you use).

DEMA = EMA of EMA of Price
DMA = MA of MA of Price

DoubleMovingAverage.lua

TripleMovingAverage.lua

Hi

Thanks for these. Is it possible to get these converted into Strategies please?

Thanks.

Of course, Can you describe the strategy you want to describe.
For example, Price / CrossOver DEMA, DEMA / TEMA Crossover, a change in slope Signal.

From: samsds
Could you help me ?
The application of Trading Station made some updates to the application,
but I'm seeing that the Indicator TEMA1 with the parameters 250 and 800 did not work, does not show the line on the screen and price, but parameter 100 and lower, show the line a price on the char

Hello Apprentice,
I have been looking for an alert that would deliver a sound, txt message and/or pop-up telling me when two custom ema's cross or touch.
Do you already have one that is coded?
Thanks

I do not have anything like this, for now.