Double Exponential Moving Average | Honest Forex Reviews

What Is The Double Exponential Moving Average & How To Trade With It

June 26, 2020June 26, 2020 The Forex Geek

DOUBLE EXPONENTIAL MOVING AVERAGE EXPLAINED

The Double Exponential Moving Average (DEMA) technical indicator was developed by Patrick Mulloy and published in February 1994 in the journal “Technical Analysis of Stocks & Commodities”. What is the Double Exponential Moving Average (DEMA)? The Double Exponential Moving Average is designed to smooth out price series and is superimposed directly on a financial instrument’s price chart. Also, it can be used to smooth the values of other indicators. The advantage of this indicator is that it helps eliminate false signals during a whipsaw price movement and helps to maintain a strong trend. DEMA can be used instead of traditional …READ MORE

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