Ema Metatrader Indicator

Exponential Moving Average Indicator free download

An exponential moving average is calculated by combining a certain percentage of the current value with an inverse percentage of the previous value of the exponential moving average. For example, if 25% weight is being given to the current value, 25% of the current value is added to 75% of the previous moving average to get the current moving average.

The period is used to determine the relative weight which previous values should be given. The formula 2/ (period+1) is used to determine the percentage. For example, a period of 7 would cause 25% (2/ (7+1)) of the current value and 75% of the previous exponential moving average value to be used.

NOTE: All previous values are used to make up a current exponential moving average, even values from before the period. The period is used as a rough estimate of how long new values will remain significant in calculation.

The value at the beginning of a data series is considered to be zero. Therefore, you may want to ignore the values before the period has completed. Moving Averages are useful for smoothing raw, noisy data, such as daily prices. Price data can vary greatly from day-to-day, obscuring whether the price is going up or down over time. By looking at the moving average of the price, a more general picture of the underlying trends can be seen.

Since moving averages can be used to see trends, they can also be used to see whether data is bucking the trend. Entry/exit systems often compare data to a moving average to determine whether it is supporting a trend or starting a new one.

Below ther is a list of Exponential moving averages for metatrader 4 platform.

EMA Angle Zero Alert

EMAAnglezeroalert for EJ_4h metatrader indicator, EMA CROSSOVER SIGNAL metatrader indicator, EMA_Trend_Indicator metatrader indicator, EMABands metatrader indicator, EMA_Pivot metatrader indicat

EMAAnglezeroalert for EJ_4h metatrader indicator

EMAAnglezeroalert for EJ_4h.rar

compressed file archive 2.1 KB

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You can use this indicator to measure when the EMA angle is

"near zero". AngleTreshold determines when the angle for the

EMA is "about zero": This is when the value is between

[-AngleTreshold, AngleTreshold] (or when the histogram is red).

EMAPeriod: EMA period

AngleTreshold: The angle value is "about zero" when it is

between the values [-AngleTreshold, AngleTreshold].

StartEMAShift: The starting point to calculate the

angle. This is a shift value to the left from the

observation point. Should be StartEMAShift > EndEMAShift.

StartEMAShift: The ending point to calculate the

angle. This is a shift value to the left from the

observation point. Should be StartEMAShift > EndEMAShift.

EMA CROSSOVER SIGNAL metatrader indicator

Allows you to enter two ema periods and it will then show you at
Which point they crossed over. It is more usful on the shorter
periods that get obscured by the bars / candlesticks and when
| the zoom level is out. Also allows you then to remove the emas |
| from the chart. (emas are initially set at 5 and 6)

EMA CROSSOVER SIGNAL.rar

compressed file archive 1.1 KB

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EMA_5_10_34_Signal metatrader indicator

EMA_5_10_34_Signal.rar

compressed file archive 1.2 KB

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EMA_levels metatrader indicator

EMA_levels.rar

compressed file archive 858 Bytes

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EMA_Trend_Indicator metatrader indicator