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Using Double Exponential Moving Averages in MACD

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Summary

The document introduces a MACD variation that uses double exponential moving averages (DEMA) in place of standard exponential moving averages (EMA) for its calculation. It attributes the idea to Patrick Mulloy’s 1994 article on smoothing data with faster moving averages. The intended concept is to retain the familiar MACD framework while changing its smoothing method.

No formula, parameter settings, worked example, chart, or trading rules are included in the supplied text, so the exact implementation and any claimed responsiveness cannot be assessed from this document alone. It also gives no backtest or evidence that the DEMA version improves signal quality or trading results. Readers would need the cited article or a fuller indicator specification to reproduce and evaluate the method.

Key ideas

  • The described MACD variant substitutes DEMA for EMA in its calculation.
  • The document attributes the approach to Patrick Mulloy’s 1994 work on faster moving averages.
  • No exact formula, settings, or signal interpretation are supplied.
  • The text provides no performance evidence or comparison with conventional MACD.

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Technical indicatorsMomentum

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