Indicadores: Costum Exponential Moving Average

 

Costum Exponential Moving Average:

This indicator calculates and displays the Exponential Moving Average (EMA) on the MetaTrader 5 chart. Fully customizable period. Allows selection of the applied price (Close, Open, High, Low, Median, Typical, Weighted). Uses the standard EMA formula, initialized from an SMA of the first bars. Can be used as a standalone technical analysis tool or integrated into automated trading systems for trend-following and moving average crossover strategies.

Costum Exponential Moving Average

Autor: Tiago Azevedo Amorim Martins