OlympTrade Exponential Moving Average

What is Exponential Moving Average on OlympTrade?

OlympTrade EMA – Exponential Moving Average. Firstly, this indicator is something like SMA but it sends more accurate signals to the trader. Above all, EMA indicator operates in the following way: it determines a trend’s strength and it’s points of reverse. Most often traders prefer to use EMA indicator instead of SMA. The explanation for that is SMA might be late when EMA is always on time.

Where to find EMA?

If you decided to use the Exponential Moving Average Indicator on OlympTrade platform, you will need to open “Indicators” menu. The menu itself is located at the top left side. After that, select the EMA, which will be second in the list. Consequently, you will see that yellow line has appeared on the trading graph. That means you had applied the indicator.

Can I know more about EMA on OlympTrade?

Of course you can! If you want to know more about OlympTrade EMA Indicator, you will need to go to the “Indicators” selection menu at first. Secondly, just press on the little icon near the EMA itself.

Explore the EMA Indicator on OlympTrade

A little window will open on the right side of the page. There you will be able to read all of the useful information about indicator itself. Also you will see an example of how an indicator works on the picture. Furthermore you will have a chance to ask relative questions regarding the OlympTrade EMA indicator. If you have more questions OlympTrade support will always help you.