Technical_Analysis_page_312

Technical | Analysis page 312 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 14 Moving Averages 283 The general formula for determining the weight of the current day’s data in the exponential moving average calculation is as follows: WEIGHT current =2 + (number of days in moving average + 1) In our example, the calculation gives us WEIGHT gy prent = 2 + (10 + 1) =…