Double-Smoothed EMA as a Smooth, Fast Price Filter

Summary

The document introduces a double-smoothed exponential moving average as a price filter, linking the idea to Lee Leibfarth’s article on the Adaptive Price Zone. It describes the indicator qualitatively: compared with a regular EMA, it is said to produce a smoother line while responding earlier to price changes. This makes it a possible choice when a trading system needs both reduced fluctuation and a quick reaction to market movement.

The text gives no formula, parameter settings, chart, backtest, or measured comparison to support the claimed lead and smoothness. It also does not explain how the average is used to generate entries, exits, or risk controls. Readers should therefore treat the description as a conceptual introduction rather than evidence of predictive value; the claimed behavior would need to be checked on the relevant market and timeframe before use.

Key ideas

• The double-smoothed EMA is presented as a price filter that aims to combine smoothness with quick response.
• The document claims it can lead a regular EMA despite being smoother.
• It provides no calculation details or empirical validation for that comparison.
• The indicator is described as a candidate filter, not a complete trading strategy.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.