a bit more color around the multiplier is here: www.investopedia.com/ask/answers/122314/what-exponential-moving-average-ema-formula-and-how-ema-calculated.asp but still not all the details
Your formula is wrong: actual formula is Weight (Current) = 2/(no. of days MA +1) Weight (MA) = 100% - Weight(Current) In your example Weight (MA) = 100-18.18= 81.82 Now EMA dayi= .1818 x day 11close + .8182 x previous day EMI in your formula you dont have Weight MA then you have .1818 x previous day close which is wrong
No, the formula both of you expressed is the same. Just that you've taken a longer route to it. As per you: EMA dayi = 0.1818 x day 11close + 0.8182 x previous day EMA If we just work it backwards we get: EMA dayi = 0.1818 x day 11close + (1 - 0.1818 ) x previous day EMA = 0.1818 x day 11close + 1 x previous day EMA - 0.1818 x previous day EMA OR = 0.1818 x day 11close - 0.1818 x previous day EMA + 1 x previous day EMA Taking 0.1818 out as common multiplier we get = 0.1818 (day 11close - previous day EMA) + previous day EMA which is the same thing as expressed at start of the video.
@@arsenalfanism There are 2 weights to be added 1st is 2/11 = which comes to .1818 2nd is 1 - .1818 = .8182 FOR EMA you need to multiply current price with .1818 and remaining weight that is .8182 is to be multiplied by past EMA But...But but my friend here in this video takes past EMA and gives full weight to past EMA Hence mathematically its 0.1818*(current price)+1*(previous EMA) Actually weight has to be distributed as 0.1818 + 0.8182 = 1
i modified this like following, so that when the previous cell is empty, it fills in the SimpleMovingAverage automatically: =IF(PreviousEMA=0;ThisDaysSMA;(CLOSE-EMAPreviousDay)*(2/(TimePeriod+1))+EMAPrevious) Also, i chose the cell above as headline to display the time period, and formatted with a custom format: # "Day EMA" So when you change the number in the Headline, your calculation also adjusts accordingly. This Parameter is also linked to the SimpleMovingAverage, so they always keep in synch
oh wow finally someone explains all this stuff in a logical easy to understand way!!!
Very good explanation! Thanks for keeping it simple.
Awesome ! Very clearly explained.....found this after wasting tym on so mamy videos.....worth it
Thanks, very helpful to see the equation in in a spreadsheet & to understand that the initial EMA is the SMA.
thank you for this helpful video, perfect :)) greetings from Turkey:)
Thank you for sharing this! It was understandable and very usable!
Very helpful. Thank you very much. Was struggling to understand without seeing an example
do you support trading view chart 📉📈?
or chartIQ charts are supported for API integration?
How you make mutlipier as constant tell me plz
Thank you for the crystal clear tutorial! :)
Thank you for your perfect explanation!
how can u make the formula dynamic incase you want to adjust the "day" parameter quickly?
Thankyou for the knowledge sharing...
all TH-cam channels showing same formula but when caluclated value is not matching with charting software, any deviation is there in formula??
Helpful video, thank you 🙏🏻
Why did you use 2 in the multiplier formula?
a bit more color around the multiplier is here: www.investopedia.com/ask/answers/122314/what-exponential-moving-average-ema-formula-and-how-ema-calculated.asp but still not all the details
Thanku sir its a gem ❤️
so its a bit unfair to compare it to the SMA and WMA since EMA uses the present value unlike sma and wma where only uses the past values?
Great explanation 👍👍
very nicely explained.
Thank you very much. I know now how to calculate it. Good work
very helpful. and clear explanation sir. thanks
Woow, the very same result!!! The first video I saw was just a strange calculation and got wrong. Thank you dear!
Hi there!
Thank you for sharing it.
Could you please show us how to calculate SMMA 13 and offset it to 8 bar into the future?
Thank you.
Why multiple 2/(t +1)
very understandable. thank you, sir.
Thank you very much, you solve my question!! Thank you!!
awesome!
Sir plz double top double bottom create in Excel plz
Your formula is wrong: actual formula is
Weight (Current) = 2/(no. of days MA +1)
Weight (MA) = 100% - Weight(Current)
In your example
Weight (MA) = 100-18.18= 81.82
Now
EMA dayi= .1818 x day 11close + .8182 x previous day EMI
in your formula you dont have Weight MA
then you have .1818 x previous day close which is wrong
Thanks a lot brother.
No, the formula both of you expressed is the same. Just that you've taken a longer route to it.
As per you:
EMA dayi = 0.1818 x day 11close + 0.8182 x previous day EMA
If we just work it backwards we get:
EMA dayi = 0.1818 x day 11close + (1 - 0.1818 ) x previous day EMA
= 0.1818 x day 11close + 1 x previous day EMA - 0.1818 x previous day EMA
OR
= 0.1818 x day 11close - 0.1818 x previous day EMA + 1 x previous day EMA
Taking 0.1818 out as common multiplier we get
= 0.1818 (day 11close - previous day EMA) + previous day EMA
which is the same thing as expressed at start of the video.
@@arsenalfanism There are 2 weights to be added
1st is 2/11 = which comes to .1818
2nd is 1 - .1818 = .8182
FOR EMA you need to multiply current price with .1818 and remaining weight that is .8182 is to be multiplied by past EMA
But...But but my friend here in this video takes past EMA and gives full weight to past EMA
Hence mathematically its 0.1818*(current price)+1*(previous EMA)
Actually weight has to be distributed as 0.1818 + 0.8182 = 1
Thank youuu
Which means there will 2 formula, the 0 one, and then the n
ty good sir
Thanks
Thank you.
Very good! Thanks!!
thx!
wrong calculation see at time 7.28 you said 10 sma not EMA
Wrong value coming.. Trying to calculate monthly close ema
Why didn't you write anything in the description part?
At least you could have added the formula and an example of Excel file link.
i modified this like following, so that when the previous cell is empty, it fills in the SimpleMovingAverage automatically:
=IF(PreviousEMA=0;ThisDaysSMA;(CLOSE-EMAPreviousDay)*(2/(TimePeriod+1))+EMAPrevious)
Also, i chose the cell above as headline to display the time period, and formatted with a custom format:
# "Day EMA"
So when you change the number in the Headline, your calculation also adjusts accordingly. This Parameter is also linked to the SimpleMovingAverage, so they always keep in synch
The wrong value coming after this calculation
GLAT HAI SMOOTHNING FACTOR AAEGA MULTIPLIER KI JAGAH IN EMA FORMULA< smothening factor is 1- multiplier
Thanks