EMA exponential

jsbachintrade
16

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
26758
William Roeder  
When you choose EMA you also choose the length. AlphaEMA = 2.0/(1+LengthSMA )
          Moving average - Wikipedia