PEMA=8*MA1-28*MA2+56*MA3-70*MA4+56*MA5-28*MA6+8*MA7-MA8, where
MA1=Moving Average(Price),
MA2=Moving Average(MA1),
MA3=Moving Average(MA2),
MA4=Moving Average(MA3),
MA5=Moving Average(MA4),
MA6=Moving Average(MA5),
MA7=Moving Average(MA6),
MA8=Moving Average(MA7).
Download:
PEMA.lua- (4.16 KiB) Downloaded 743 times
For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430).
The indicator was revised and updated
