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| FEB 1994
SIDEBAR: Calculating DEMA2 AND THE MACD by Technical Analysis, Inc.
Calculating DEMA2 AND THE MACD by Technical Analysis, Inc. This Excel spreadsheet (sidebar Figure 3) presents the DEMA2 along with the MACD using DEMA2 as the smoothing filters. Column B (labeled X value) is the time t. This column could be elsewhere, as the values are not needed after the EMAs are initialized using a linear regression. Coulmn C is the weekly closing price for NASDAQ. The first linear regression is calculated in cells J2 and K2.
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