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What are the differences between Moving Averages?

MVA – “Simple Moving Average”

  • This moving average gives you the average price for the last N periods. This can show the distance that current price action is away from the average price over those last N periods.

EMA – “Exponential Moving Average”

  • This moving average gives you the weighted price calculation for the last N periods. It weights the most recent prices more heavily than later changes in price.

SMMA – “Smoothed Moving Average”

  • This moving average gives the recent prices an equal weighting to the historic ones.

How to add indicators in Trading Station or MetaTrader 4.