The Exponential Moving Average (EMA) is a type of moving average that places a greater weight and significance on the most recent data points. It is calculated using the following formula:
EMA = (Close - Previous EMA) * (2 / (n + 1)) + Previous EMA
The Exponential Moving Average (EMA) is a type of moving average that places a greater weight and significance on the most recent data points. It is calculated using the following formula:
EMA = (Close - Previous EMA) * (2 / (n + 1)) + Previous EMA