Gold Customer
Joined: 3/13/2005 Posts: 16
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I am interested in the exponent in an exponential moving average. I have seen descriptions using 2/N (rarely) or 2/(N+1) relating to the period required for the exponent. For example a 10 period moving average would be 2/10 = 0.20 or 2/(10+1) = 0.181818.
Which of these does Telechart use? In other words if I plot a 10 period exponential moving average am I looking at an exponent of 0.20 or 0.181818?
Thank you
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The current value of whatever is being averaged constitutes 2/(N+1) of the current Exponential Moving Average in TeleChart.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 3/13/2005 Posts: 16
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Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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