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>>Example: For a 5 day EMA:
exponent = 2/(5+1) = .33
1 - exponent = .67
EMA = .33 * Close .67 * Previous EMA<<
So if the 10 days data is 11, 22,33,44,55,66,77,88,99,111
Then how do calculate the "Previous EMA". I don't see the calulation
you start with.
I am trying for the example to calculate a 5 day MA.
Could you walk me through the 5 days of calculations. Sorry,
buy I don't understand.
Much appreciated.
larryTAKEOUT@xxxxxxxxxx
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