Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
|
Snow,
Welcome to the Forum. You have joined at an exciting time as we are just about to migrate to a whole new Bulletin Board system. Hopefully, in this new system you will have access to a wide range of functions that will allow to conduct a pin-point search to find topics that interest you.
The MS Bible wrote:DEMA is a unique smoothing indicator developed by Patrick Mulloy. It was originally introduced in the February 1994 issue of Technical Analysis of Stocks & Commodities magazine.
As Mr. Mulloy explains in the article:
"Moving averages have a detrimental lag time that increases as the moving average length increases. The solution is a modified version of exponential smoothing with less lag time."
DEMA is an acronym that stands for Double Exponential Moving Average. However, the name of this smoothing technique is a bit misleading in that it is not simply a moving average of a moving average. It is a unique composite of a single exponential moving average and a double exponential moving average that provides less lag than either of the two components individually.
Unless you are looking to re-construct the propietry DEMA algorithm and are happy to use the MS built-in function, then this might suit your purposes, as an indicator:
--8<--------------------------------------
{DEMA MACD}
prd1:=Input("Short DEMA periods: ",3,20,12);
prd2:=Input("Long DEMA periods: ",21,50,26);
prd3:=Input("Signal line periods: ",3,50,9);
x:=Dema(C,prd1)-Dema(C,prd2);
y:=Mov(Dema(C,prd1)-Dema(C,prd2),prd3,E);
{plot}
x;
y;
--8<--------------------------------------
As for an exploration, you are going to have to be more specific. We have thousands of members who all have different trading needs and styles. You might be looking for a specific criteria that is different to everyone else, but we do not know that as you have not given specific enough instructions as to the nature of your exploration.
When requesting help on this perr-to-peer support network, you must phrase your request as clearly and succinctly as possible. Remember too, there are many visitors here who do not use English as their primary language, but some of these Members might be the ones who hold the key to your trading problems.
A picture breaks all language barriers and says soooo much more than words can.
I hope the indicator works for you. If you need more help constructiong the exploration, please refer first to the MS USers Manual and then finally here with a detailed post of exactly what you are looking for.
wabbit :D
|
