EMA Exponential moving
Amibroker’s EMA (Exponential Moving Average) AFL is designed to smooth out price fluctuations and highlight trend direction by giving more weight to recent price data. It helps traders identify and follow prevailing market trends with greater clarity. The accuracy of trend identification through EMAs is contingent on the accuracy of market data from the Amibroker data feed.
/_SECTION_BEGIN("EMA");
Plot( EMA( Close, 3 ),"3", colorWhite, styleThick );
Plot( EMA( Close, 13 ),"13", colorRed, styleThick );
Plot( EMA( Close, 34 ),"34", colorBlue, styleThick );
_SECTION_END();