DEMA (Function)
DisclaimerThe DEMA series function gets the value for the DEMA (Double Exponential Moving Average).
Syntax
DEMA(Price, Length)
Returns (Double)
A numeric value representing the double exponential moving average (applying an exponential moving average to the price data two times in succession).
Parameters
| Name | Type | Description |
| Price | NumericSeries | Specifies which bar value (price, function, or formula) to consider for the exponential moving average. |
| Length | Numeric | Sets the number of bars over which to calculate the exponential moving average. |
Reference
Patrick G. Mulloy, "Smoothing Data With Faster Moving Averages," Technical Analysis of Stocks and Commodities Magazine, Volume 12, Issue 1, January, 1994 (11-19).