Learn the EMA indicator in 1 minute to assist in market analysis (2)
Calculate EMA value: Use the exponential smoothing moving average calculation formula to calculate EMA. The calculation of the EMA value is based on the previous day's EMA value and the closing price of the day.
The formula for calculating EMA is: EMA (today) = α* (today's closing price - yesterday's EMA) + yesterday's EMA; where α is the smoothing index, generally 2/(N+1), and N is the time period. Taking the 5-day EMA as an example, the EMA value on the first day is the closing price of that day. From the second day on, the EMA value is calculated according to the above formula.
This is a bit difficult, and you need to get back some knowledge and give it back to the math teacher.
Free guidance in the community to keep abreast of accurate market conditions at any time, eat fish and win together!
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Calculate EMA value: Use the exponential smoothing moving average calculation formula to calculate EMA. The calculation of the EMA value is based on the previous day's EMA value and the closing price of the day.
The formula for calculating EMA is: EMA (today) = α* (today's closing price - yesterday's EMA) + yesterday's EMA; where α is the smoothing index, generally 2/(N+1), and N is the time period. Taking the 5-day EMA as an example, the EMA value on the first day is the closing price of that day. From the second day on, the EMA value is calculated according to the above formula.
This is a bit difficult, and you need to get back some knowledge and give it back to the math teacher.
Free guidance in the community to keep abreast of accurate market conditions at any time, eat fish and win together!
#nftcommunity #crypto2023 #zero2hero