PEMA

PEMA

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PEMA – Pentuple Exponential Moving Average.

PEMA = QEMA + TEMA(y – QEMA)

 

MT5 Indicator – Download Instructions

PEMA is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

PEMA provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install PEMA.mq5?

  • Download PEMA.mq5
  • Copy PEMA.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on PEMA.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator PEMA.mq5 is available on your Chart

How to remove PEMA.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

PEMA

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