DEMA
Double EMA — a double exponential moving average that reduces EMA lag. Double EMA (DEMA) reduces the lag of a standard EMA by subtracting double the EMA value from EMA(EMA). It reacts faster to price changes at the same period length, but is more sensitive to noise. Used as a trend filter and a support/resistance level.
Formula:
EMA1 = EMA(Close, period)EMA2 = EMA(EMA1, period)DEMA = 2 * EMA1 - EMA2Parameters
Section titled “Parameters”| Parameter | Type | Default | Range / Values |
|---|---|---|---|
Period | int | 20 | 1-200 |
Triggers
Section titled “Triggers”| Trigger | Direction | Condition | Description |
|---|---|---|---|
| Price crosses the line up | 🟢 Buy | Price crossed the indicator line from below to above. | The closing price crossed the indicator line from below to above. |
| Price crosses the line down | 🔴 Sell | Price crossed the indicator line from above to below. | The closing price crossed an arbitrary indicator line (MA, Supertrend, etc.) from above to below. |
| Price above the line | 🟢 Buy | The closing price is above the indicator line. | The closing price is above the indicator line (MA, Supertrend, etc.). Reflects the current position of price relative to the trend line. |
| Price below the line | 🔴 Sell | The closing price is below the indicator line. | The closing price is below the indicator line. |
