Exponential moving average versus moving exponential average

By F. Klinker. 2011

191 citations recorded by the source corpus.

In this note we discuss the mathematical tools to define trend indicators which are used to describe market trends. We explain the relation between averages and moving averages on the one hand and the so called exponential moving average (EMA) on the other hand. We present a lot of examples and give the definition of the most frequently used trend indicator, the MACD.

Subfields: Atomic and Molecular Physics, and Optics, Economics and Econometrics, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/923da671c46f901639a88bc4531238034e0a2323