Quintuple Exponential Moving Average indicator

The QEMA (Quintuple Exponential Moving Average) is a representative of the MA group of indicators. It’s based on the famous EMA and uses in own calculation quintuple EMA smoothing;

Signals: The TS(Trading strategy) is the same as TS of simple EMA; If the price is above/below than the QEMA value - the trend is bullish/bearish.