Indicator - DEMA
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Calculation DEMA - Double Exponential Moving Average
We start by calculating MAE1, a (n day) exponential moving average.
Then we calculte MAE2, that's the exponential moving average of MME1 with the same period.
DEMA = 2 * MME1 - MME2
Interpretation DEMA - Double Exponential Moving Average
This indicator is faster and more smoothed than a standard moving average.
Dema could be used in the place of a standard moving average, or used with with other indicators that use moving averages in their calculations (MACD, stochastic oscillators).
