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: Double Envelopes Historical Gauged - 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 average (trix) - 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: triple exponential moving average (tema) - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#include <movingaverages.mqh>
#property indicator_chart_window
#property indicator_buffers 3
#property indicator_plots 1
#property indicator_type1 draw_line
#property indicator_color1 darkblue
#property indicator_width1 1.......
⚠ 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.