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Moving averages


Guest bugattii4

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Guest bugattii4

Hi

I have just starting using the new platform and I would like to place two moving averages on the chart, the 5 period exponential moving average on both the high and low on a candlestick set up.  I can only find one option for an exponential moving average on this platform which does not work for my particular strategy.  Any help would be gratefully received!

Duncan

 

 

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Hi @bugattii4  Moving averages are based on the close price of the period so a 5 period ema is the average close price of the last 5 periods/bars/candles of whichever chart you are using eg hourly or daily, (leaving aside it being exponential so the latter periods are  weighted more).

 

Not sure what you mean by 'on both the high and the low' of the candlestick. 

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