Submit by Louis 03/01/2013 (update)
Based on the formula developed by Patrick Mulloy
It can be used in place of EMA or to smooth other indicators.
DEMA = 2 * EMA - EMA of EMA
Red is EMA, Green is EMA of EMA, Yellow is DEMA
This is a strategy for swing trading
Time Frame 30 min or higher.
Dema yellow > Ema Green and EMa Red;
Awesome Green bar;
Excalibur green dot.
Dema yellow < Ema Green and EMA Red;
Awesome Red bar;
Excalibur red dot.