Hi all.
I am using MT5 and was using AMA before reading about EMA which is referenced more frequently in news posts etc. I understand the difference between AMA and EMA thanks to babypips!
So in MT5 I see:
Double Exponential Moving Average
Triple Exponential Moving Average
But no ‘Exponential Moving Average’.
EUR/USD
The top red line is ‘Triple’, the middle red line is ‘double’ and the bottom turqoiuse line is AMA.
When would I use each… Where is basic ‘EMA’(if that is a thing on its own!)?