[Pecs200]

Originally Posted by dantom

Hello Fxray,

I use MT4 and I notice that the 5 and 10 ma's are called sma's (slow moving average?) instead of ema's (exponential moving average?). Does this matter? and if so how do I get 5 and 10 ema's on MT4. I also notice that you mentioned 50 sma above instead of ema. Is that what you meant?

Thanks.

Hi Dantom

Using MT4 to make a moving average into an exponential moving average is done as follows:
Double click "Moving Averages" in the "Custom Indicators" list.
Click the "Inputs" tab
Change the "MA_Method" value to 1
Click OK

James