EMA exponential

jsbachintrade
16
jsbachintrade  

Hello,

  in Metatrader 5 when you choose a Moving Average with the exponential method there is no parameter for the \alpha coefficient that is in the definition formula.

  So what is his value and how can we change it...?

Thx
William Roeder
23512
William Roeder  
When you choose EMA you also choose the length. AlphaEMA = 2.0/(1+LengthSMA )
          Moving average - Wikipedia