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Instrument: REA_EMA_MT
Disclaimer

The graphic studies and any other indication generated by the software should not be considered as personalized investment advice or even as investment recommendations. The setups generated by the software search for market conditions developed on prices in the past and are useful for statistical purposes.

The software is not able to work autonomously and requires various inputs from the trader for pattern research, statistics processing and any other expected functionality.

Description

An exponential moving average (EMA) is a type of moving average that gives greater weight and significance to more recent data points.

The exponential moving average is also referred to as the exponentially weighted moving average.

An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average (SMA), which applies equal weight to all observations over the period.

Like all moving averages, this technical indicator is used to produce buy and sell signals based on crossovers and divergences from the historical average. Traders often use different EMA lengths, such as 10-day, 50-day, and 200-day moving averages.

This indicator differs from the classic EMAs and allows you to view the moving average of different time frames on the same graph, allowing you to have more precise confirmations of price changes.

Downloads

Download the REA_EMA_MT for the cTrader platform
License:
FREE

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