Multiple Moving averages

Exponential Moving Averages (EMA)

Exponential Moving Average is an advanced moving average calculation where it responds more to the latest prices and has minimal effects to the old prices. In short, EMA responds to prices changes faster than conventional moving average.

To use Exponential Moving Average, simply click on the moving average setting button on WinChart and check on Use Exponential.

Comparison of Simple Moving Average to Exponential Moving Average:

To sum up, EMA filters false signals that Simple Averages Generated.

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