Thanks, I'm sure its an easy conversion..........
Help from Math Guys... how do you convert a %Trend into a Moving Average
Started by
Woody
, Sep 06 2007 09:52 AM
3 replies to this topic
#3
NAV
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Posted 06 September 2007 - 11:50 AM
Woody,
The formula for calculating Exponential moving average (EMA) is
EMA(current) = [ ( Current Price - Prev EMA ) x Multiplier ] + Prev EMA
Multiplier = (2 / (Time periods + 1) )
If your time period is 39, then the multiplier is 2/(39+1) = 2/40 = 1/20 = 5%.
#4
Woody
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Posted 06 September 2007 - 12:08 PM
Woody,
The formula for calculating Exponential moving average (EMA) is
EMA(current) = [ ( Current Price - Prev EMA ) x Multiplier ] + Prev EMA
Multiplier = (2 / (Time periods + 1) )
If your time period is 39, then the multiplier is 2/(39+1) = 2/40 = 1/20 = 5%.
Thanks Guys!
