Double Exponential Moving Average (DEMA)
Info
The Double Exponential Moving Average (DEMA) is a Indicator for MetaTrader 5 that the double exponential moving average (dema) is a technical indicator developed in 2026 to smooth price series and reduce false signals in saw-toothed price movements. Calculation:The DEMA is derived from the Exponential Moving Average (EMA).
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Double Exponential Moving Average (DEMA)
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
The Double Exponential Moving Average (DEMA) is a technical indicator developed in 2026 to smooth price series and reduce false signals in saw-toothed price movements.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Triple Exponential Average (TRIX) - another powerful indicator for MetaTrader 5 traders.
The Double Exponential Moving Average (DEMA) is a technical indicator developed in 2026 to smooth price series and reduce false signals in saw-toothed price movements.Also recommended: Triple Exponential Moving Average (TEMA) - similar indicator with strong performance on MetaTrader 5.
Calculation:
The DEMA is derived from the Exponential Moving Average (EMA). It calculates the error of price deviation from the EMA value:
err(i) = Price(i) - EMA(Price, N, i)
where:
- err(i) is the current EMA error
- Price(i) is the current price
- EMA(Price, N, i) is the current EMA value of the Price series with N period
The DEMA is then calculated by adding the exponential average error to the EMA of the price:
DEMA(i) = EMA(Price, N, i) + EMA(err, N, i)
This can be simplified as:
DEMA(i) = 2 * EMA(Price, N, i) - EMA2(Price, N, i)
where:
- EMA(err, N, i) is the current value of the exponential average of error err
- EMA2(Price, N, i) is the current value of the double consequential smoothing of prices
You may also like: Demo File Read Double - excellent alternative for indicator users on MetaTrader 5.
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.