The term “dema” evokes images of a religious order. In the novel, Clancy is a member of a cult, the Dema, which is organized into nine regions and led by a bishop. Clancy feels betrayed by the vialism he experiences within Dema. The life within Dema is colorless, meaning there is no room for difference or creativity. The lifestyle is also easy and boring, which is exactly what Clancy wants to avoid.
Although this indicator can be confusing, it is best understood by comparing it with other technical indicators. The DEMA is a composite implementation of the single and double moving averages. It has several advantages, but is not necessarily better than either of them. Almost every trading analysis platform includes a DEMA indicator. In this way, you don’t have to know complicated math to use it. And it’s also easy to interpret and use by novice traders.
Smoothed moving average: This type of moving average is like the EMA but with less lag. Because it’s a smoother moving average, the more recent price movements are weighted more than older ones. As a result, smoothed moving averages are similar to EMAs but are more accurate. Smoothed moving averages can help you confirm trends, identify areas of support, and interpret multiple signals. If you’re using the smoothed moving average, it’s important to use it with your other signals.
To calculate the DEMA, you’ll need to multiply the number of days used for the moving average by two. This will increase the magnitude of the moving average, making peaks sharper and valleys deeper. This will help you keep up with the changes on a daily basis. It can be helpful to use DEMA for day trading or swing trading, but financial backers may also find them useful. They can even be used to predict the future direction of a security.