đHow to Use the EMA Indicator
đĽ If you are new to the trading world, mastering the EMA can be your first big step towards smarter trading.
đ§ What is the EMA and why is it so popular?
The EMA (Exponential Moving Average) is a technical indicator that smoothens the price and gives more weight to recent data. Unlike the SMA (simple moving average), the EMA reacts faster to market changes.
đ Ideal for detecting:
- Trends
- Entry/exit points
- Signal crossovers
đ ď¸ How to set up an EMA?