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Jim,
The formula for for creating smoothing constants for EMAs is 2/(period+1).
FYI: explanations for many technical indicators can be found at
http://www.mindspring.com/~bumpy1/Technical.htm
Bob Hunt
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JamesinLA@xxxxxxx wrote:
> It says the 0.04 average is the equivalent of a 49-day or
> 10 week average. Anyway, my question is how is this being computed? Please
> help.
>
> Jim
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