Double Exponential Moving Average
The Double Exponential Moving Average (DEMA) becomes more powerful with the integration of Amibroker data. Traders can utilize the Amibroker data feed to calculate DEMA values accurately, enabling a more responsive and reliable trend-following indicator for strategic decision-making in various market conditions.
/
_SECTION_BEGIN("DEMA");
Plot( DEMA( Close, 3 ),"3", colorWhite, styleThick );
Plot( DEMA( Close, 13 ),"13", colorRed, styleThick );
Plot( DEMA( Close, 34 ),"34", colorBlue, styleThick );
_SECTION_END();