2. As shown in the figure, click K line, and then click to enlarge K line.
3. With a clear K-line, we can start and adjust the EMA on mt4 software. Click Insert, Technical Indicators, Trend Indicators, and then click the fourth option.
4. Adjust multiple moving averages. You can adjust multiple moving averages by repeating step 2. However, it should be noted that the moving average parameters need to be modified. Otherwise, it will have no effect. The average superposition defaults to all cycles, and the adjustment is completed within 60 minutes, so other cycles will use this average.
Average, referred to as MA, originally meant moving average. Because we make it linear, it is generally called moving average, or moving average for short. Is the sum of the closing prices in a certain period of time divided by the period. For example, the daily line MA5 refers to the closing price in five days divided by five.
The common lines of EMA are 5 days, 10 days, 30 days, 60 days, 120 days and 240 days. Among them, the short-term moving averages of 5 days and 10 days.
It is a reference index of short-term operation, called moving average index; 30 days and 60 days are medium-term moving average indicators, called quarterly moving average indicators; 120 and 240 days are long-term moving average indicators, which are called annual moving average indicators.