EMA (Exponential Moving Average) indicator is an exponential moving average that is calculated by adding a certain share of the current closing price to the previous moving average value. When exponential moving averages are used, last closing prices are of more importance. 

Indicator view on the chart.

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Calculation formula:

EMA = ((CLOSE (i)-(CLOSE (i-1)) * P EMA [i-1];


is CLOSE (i) — the price of the current period closing;

is EMA (i-1) — the value of the moving average of the previous period;

is P -  the period.

To add and set up this indicator, open the settings window.

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Approximation Alert

Use alerts - enable alerts.

Repeat alert - enable repeat alerts.

Approximation Filter - the distance in ticks at which the alert is triggered.

Alert File - select an alert sound.

Text color



Source – setup of the indicator calculation parameters:

  • Open
  • High
  • Low
  • Close
  • Volume

Period - setup of the indicator calculation period.


Panel – selection of the indicator position on the chart:

  • New panel.
  • Chart.


Show zero values

Show value – display of the indicator value on the left on the price scale.

Scale - if this option is enabled, the scale will be automatically calculated based on the minimum and maximum values of the indicator in order for the indicator to fit on the chart.

Color - color setup of the indicator.

Visual type - visual setup of the indicator display on the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow 
  • Axis label 
  • Hide

Line style – setup of the line display:

  • Solide
  • Dash
  • Dash-dot
  • Dash-dot-dot

Width – width setup for the indicator line.

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