Double Exponential Moving Average (DEMA)

Created by Patrick G. Mulloy, the Double exponential moving average is a faster smoothed EMA of the price over a lookback window. [Discuss] 💬

chart for Double Exponential Moving Average (DEMA)

// usage
IEnumerable<DemaResult> results =
  quotes.GetDema(lookbackPeriods);

Parameters

lookbackPeriods int - Number of periods (N) in the moving average. Must be greater than 0.

Historical quotes requirements

You must have at least 3×N or 2×N+100 periods of quotes, whichever is more, to cover the convergence periods. Since this uses a smoothing technique, we recommend you use at least 2×N+250 data points prior to the intended usage date for better precision.

quotes is a collection of generic TQuote historical price quotes. It should have a consistent frequency (day, hour, minute, etc). See the Guide for more information.

Response

IEnumerable<DemaResult>

Convergence warning: The first 2×N+100 periods will have decreasing magnitude, convergence-related precision errors that can be as high as ~5% deviation in indicator values for earlier periods.

DemaResult

Date DateTime - Date from evaluated TQuote

Dema double - Double exponential moving average

Utilities

See Utilities and helpers for more information.

Chaining

This indicator may be generated from any chain-enabled indicator or method.

// example
var results = quotes
    .Use(CandlePart.HL2)
    .GetDema(..);

Results can be further processed on Dema with additional chain-enabled indicators.

// example
var results = quotes
    .GetDema(..)
    .GetRsi(..);