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Date/Time: Sun, 24 Nov 2024 16:30:41 +0000
Post From: EMA Calculation Method in Spreadsheet study
| [2013-11-10 22:53:10] |
| Sawtooth - Posts: 4119 |
|
I believe the usual starting value for an EMA is the SMA to that point, but this might not be how Sierra it. The formula I gave does not start with an SMA value; it just takes the length in bars to 'catch up'. Not very sophisticated, but with a short length, it doesn't matter too much. This is my reference: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_averages |