Exponential Moving Average (EMA)
What is the Exponential Moving Average (EMA)?
EMA is a type of moving average that gives more weight to recent prices, making it more responsive to new information.
Explanation
EMAs are used to identify trends and potential entry and exit points in trading.
Practical Example of Exponential Moving Average:
ONE-SIGNAL uses EMAs in its technical analysis tools to help traders identify market trends and make informed decisions.