Exponential Moving Average
Exponential Moving Average
where:
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"EMA(-1)" is the EMA for the previous chart point "Price" can be Close, Open, High, Low, HL MidPoint, HLC MidPoint or HLCO MidPoint "n" is the number of chart points used in the calculation of moving average. The period of time is given as number chart points and is called "Length" |
From "Indicator Properties" you can change the settings for indicator:
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You can set line thickness, color and style. The "Price" used in the construction of indicator can be: Close, Open, High, Low, HL MidPoint, HLC MidPoint or HLCO MidPoint. From "Length" you can change the number of points that are used in the moving average.
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