Jump to content

Exponential Moving Averages - 5 min chart


Recommended Posts

Newbie question - can anyone tell me what the units of time are when customizing the EMAs for a 5 minute chart? I am used to dealing with 50 and 20-day EMAs in investing, but new to day trading and want to set the EMAs to 9, 15. 65 and 200 min EMAs.

 

Thanks.

Link to comment

Hi     the number refers to the number of periods of the chart you are using so a 20 ema on a 5 min chart is the ema of the last 20  5 minute candles. The 20 and 50 day ema can only refer to a daily chart and is the ema of the prior 20 and 50 daily candles.

 

To put the ema of a different time period onto a chart you need to do some multiplication and division, so to put the 20 ema of a 15 min chart onto a 5 min chart you need to use the 5 min 60 ema. 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      20,040
    • Total Posts
      88,056
    • Total Members
      69,030
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    JoseSantos
    Joined 29/09/22 09:20
  • Posts

    • Hi @HYDROCARBON Your requests have been submitted. Thank youAll the best - MongiIG
    • BRENT CRUDE OIL (LCOC1) TALKING POINTS Demand-side factors continue to dominate. Will OPEC trim supply again? BRENT CRUDE OIL FUNDAMENTAL BACKDROP Brent crude oil rallied yesterday on the back of a weaker U.S. dollar coupled with a notable decrease in U.S. crude oil stockpiles as revealed in the EIA weekly report. This morning has seen a resumption of the downward trend as the dollar is bid once more, making yesterday’s move largely attributed to oversold levels as well as quarter-end rebalancing. Markets are still focused on demand destruction and a global recession as opposed to supply-side concerns. Full article: Sep 29, 2022 | DailyFX Warren Venketas, Analyst
×
×
  • Create New...