I use DEMA and Price difference in many strategies and and trade.
Finally , ı wanted to build an indicator for relation between them.
It calculates the percentage of difference between price and dema and estimates deviation from the main trend.
Formula = (price-dema)/price*100
There is some parameters;
DEMA Length is length of dema , ı think...
Updated version of the previously published multi-indicator which includes
4x Moving Averages
2x Ichimoku Clouds
Bill Williams Fractals
-Toggle switches for each indicator on input tab for easy on/off
-MA Type Selector (EMA/SMA/WMA/VWMA)
-Various default style change
Many thanks to both redwraith and jedireza for helping me work out the MA...
Exponential Moving Averages - 6 EMA Crypto Investidor
Indicator developed to facilitate the use of 6 EMAs in a single indicator.
EMAs: 9, 13, 21, 55, 100 and 200 Periods
Developed by Diego do Youtube Channel Crypto Investor
This script allows you to add up to four simple and exponential moving averages the the chart instead of adding 4 simple moving averages and 4 exponential moving averages individually.
The stronger lines are SMA's and the thinner lines are EMA's.
White - "1st SMA" and "1st EMA"
Green - "2nd SMA" and "2nd EMA"
Blue - "3rd SMA" and "3rd EMA"
Red - "4th SMA" and...
Single Exponential Smoothing ( ema ) does not excel in following the data when there is a trend. This situation can be improved by the introduction of a second equation with a second constant gamma .
The gamma constant cant be lower than 0 and cant be greater than 1, higher values of gamma create less lag while preserving smoothness.Higher values of length ...
Since I noticed there was no Script with actually 3 EMA together (all the ones I found said it was Exponential, but actually was Simple), i created this one.
The lengths, 17 72 305, are based on the phi cube theory, introduced by Bo Williams. The slow length (305) indicate a likely strong support/resistance and the region between the fast and medium lengths (17,...