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Apply a Double Exponential Moving Average (DEMA)

Based on both a single exponential moving average (EMA) and a double EMA, the DEMA is a fast-acting moving average that is more responsive to market changes than a traditional moving average. It was developed in an attempt to create a calculation that eliminated some of the lag associated with traditional moving averages.

To apply a Double Exponential Moving Average Indicator

1. From within a chart, from the Edit menu select Studies.
2. Choose Double Exponential Moving Average and click Add to add the study to the Applied Studies group.
3. Complete parameters as necessary.

Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.

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