MACD DEMA - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
In the TASC January 1994 article "Smoothing Data with Faster Moving Averages," Patrick Mulloy describes a MACD that does not use EMA for MACD calculations, but instead uses DEMA (Double Exponential Moving Average).
According to him:
This is MACD calculated using DEMA.
Attachment download
📎 macd_dema.mq5 (10.74 KB)
Source: MQL5 #19969
MACD DEMA - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
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