Keyword Description
Exponential Moving Average
Class
Function
Where Legal
Resources |
Entry Logic |
Exit Logic |
Initial Size |
Resize (Pre-Category) |
Resize (Category-Level) |
l |
l |
l |
|
|
|
Syntax
EMA[p,n]
Where p is the price and n is the number of days in the study.
Example
Sample code
COL2 = EMA[COL1, 30]
|
Unlike a simple moving average, the exponential average does not discard older data. Rather, it places a greater weight on more recent data. Thus, an exponential moving average is more sensitive to recent market behavior than a simple moving average of similar length. |
