hi, someone can help me to create Quintuple Exponential Moving Average?
thanks
Why not, but need at least examples, codes/formula and screenshots of the indicator 🙂
Thanks supertiti, but these files are compiled and source code cannot be read.
I found FXCM TS2 formula for the Quadruple Exponential Moving Average indicator:
QEMA=5*MA1-10*MA2+10*MA3-5*MA4+MA5, where
MA1=Moving Average(Price),
MA2=Moving Average(MA1),
MA3=Moving Average(MA2),
MA4=Moving Average(MA3),
MA5=Moving Average(MA4).
and adapted the Metatrader5 formula to make the Quintuple Exponential Moving Average indicator which formula is this one:
Pema=8*Ema1-28*Ema2+56*Ema3-70*Ema4+56*Ema5-28*Ema6+8*Ema7-Ema8
These 2 indicators have been posted in the prorealtime code Library, you can find them here:
https://www.prorealcode.com/prorealtime-indicators/quadruple-exponential-moving-average-indicator/
https://www.prorealcode.com/prorealtime-indicators/pentuple-exponential-moving-average/
Thanks a lot Supertiti and Nicolas… you are so kind,
P.S.
how can i tell t0 backtest that must BUY when Quadruple Exponential Moving Average is green and sell when Quadruple Exponential Moving Average is red?
Thanks in advance