OPEN-SOURCE SCRIPT
DEMA Double Exponential Moving Average Strategy
Updated
moneros 2017
Based on The DEMA is a fast-acting moving average that is more responsive to market changes than a traditional moving average
https://en.wikipedia.org/wiki/Double_exponential_moving_average
!!!! IN ORDER TO AVOID REPAITING ISSUES !!!!
!!!! DO NOT VIEW IN LOWER RESOLUTIONS THAN res/2 PARAMETER !!!!
for example res = 120 view >= 60m res = 60 view >= 30m
the length of the DEMA sampling shouldn't be longer than a candle
Best profits tested on BTCUSD
res = 105 slowPeriod = 2 fastPeriod = 32
res = 125 slowPeriod = 3 fastPeriod = 21
res = 120 slowPeriod = 2 fastPeriod = 32
res = 130 slowPeriod = 1 fastPeriod = 24
res = 40 slowPeriod = 4 fastPeriod = 93
res = 60 slowPeriod = 1 fastPeriod = 67
BTCUSD
Based on The DEMA is a fast-acting moving average that is more responsive to market changes than a traditional moving average
https://en.wikipedia.org/wiki/Double_exponential_moving_average
!!!! IN ORDER TO AVOID REPAITING ISSUES !!!!
!!!! DO NOT VIEW IN LOWER RESOLUTIONS THAN res/2 PARAMETER !!!!
for example res = 120 view >= 60m res = 60 view >= 30m
the length of the DEMA sampling shouldn't be longer than a candle
Best profits tested on BTCUSD
res = 105 slowPeriod = 2 fastPeriod = 32
res = 125 slowPeriod = 3 fastPeriod = 21
res = 120 slowPeriod = 2 fastPeriod = 32
res = 130 slowPeriod = 1 fastPeriod = 24
res = 40 slowPeriod = 4 fastPeriod = 93
res = 60 slowPeriod = 1 fastPeriod = 67
BTCUSDRelease Notes
Overlay addedRelease Notes
Best profits for BTCUSD examples:res=165 view=30m fastPeriod=17 slowPeriod=9 profit %67.14 since 2017-08-14
res=100 view=30m fastPeriod=16 slowPeriod=30 profit %57 since 2017-08-14
If you want get access for super Trend with the best and optimum values for:
LTCUSD profit +%120
ETHUSD profit +%80 aka Best SuperTrend ETHUSD chart 30m
OMGUSD profit +%115
BCHUSD profit +%80
LTCUSD profit +%125
(XRP,DASH coming soon, these profits include trading fee %0.2)
Fee 0.015BTC per week
Contact me by chat for a free demo
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.