Dema Forex Trading System

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Dema Forex Trading System

The dema is a forex trading strategy that is 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 and can be used in a 30-minutes or higher timeframe. This works on any currency pairs.

Metatrader Indicators:

  • Excalibur
  • Dema
  • Awesome
  • FDM alerts

Buy Entry:

  1. Dema yellow is greater than Ema Green and EMA Red.
  2. Awesome Green bar;
  3. Excalibur green dot.

Sell Entry:

  1. Dema yellow is less than EMA Green and EMA Red.
  2. Awesome Red bar.
  3. Excalibur red dot.

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