EMA Guide

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EMA: The exponential moving average (EMA) is a technical chart indicator that tracks the price of an investment (like a stock or commodity) over time. The EMA is a type of weighted moving average (WMA) that gives more weighting or importance to recent price data.

Pattern name: Strategy name

Time interval: Candlestick or bar Timeframe

Signal Direction: Bullish or Bearish

EMA: The Exponential Moving Average (EMA) is a trading indicator.

Index: Select the period of EMA.

Method: Cross: When the EMA is crossing the Close-price on a candle bar or another EMA. For cross strategy a second index which is the Close-price on a candle bar or aditional period of a EMA need to be selected.

Second Index: Select the second index which is the Close-price on a candle bar or anoter EMA.

Effect:  Select “Below to Above” ,“Above to Below” or Touch. The index functions -Below/Above- in coordination with Second index or Target level.

Target Symbol: Add target symbol.

Time Scope: Timeline for the strategy

“Create and save” or “Create and Add New Indicator”: Select “Create and Save” if building  a strategy with one indicator, or select “Create and Add New Indicator” if adding an additional  indicator to the strategy.

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