Using this indicator allows you to use two Double Exponential Moving Average (DEMA) indicators in one indicator with fixed values.
DEMA attempts to remove the inherent lag associated to Moving Averages by placing more weight on recent values.
Hope this helps many of you to be more efficient in your chart analysis - have fun!
If you would like to be able to change these values drop me a line and send a request for the DEMA² PRO indicator.