What is ema & candle stick chart meaning

Sir
I am newbi in market need ur help in understanding the terminology of EMA and how to understand candlelight chart.
PLEASE HELP ME TO UNDERSTAND IT
ONE more thing where i can get the live candle light chart for free and how to calculate EMA means the process.

thanks for your help.

Now please anybody help me understanding ema & sma and how to calculate it.

Lets find 3 SMA(simple moving average)

Market closed on say dates below(i.e closing price)
1 May at 5000
2 May at 3000
3 May at 4000
4 May at 5000

SO when u calculate SMA on 3 rd MAY, u will need 3 days closing which u have now as on dated 3rd may,(1,2,3may).

SMA(3) = close price of(may 1 + may 2 + may 3)/3(as 3 three SMA)
=5000+3000+4000/3 = .....


EMA is exponential, similar to SMA but more weighatage is given to recent closing CANDLES, that is more value is given in some way to 3rd May than 2nd May and so on.
Link mentioned above will know be more easy for u to understand.


IF u calculate 3 SMA on 4may, it will be,
SMA(3) = 3000+4000+5000/3
=......

Hope this will help u to get started.

Thanks for your help.

Below is the OPEN HIGH LOW CLOSE DATE
5770 5788 5704.05 5725.9 2-May-11
5725 5725 5560.05 5568.65 3-May-11
5548.95 5592 5511.155538.35 4-May-11
5521 5563 5445 5458.1 5-May-11
5479.65 5573 5466 5556.8 6-May-11
5575 5584.8 5502 5558.8 9-May-11
5550 5603.95 5517 5545.25 10-May-11
5560 5577 5524 5564.65 11-May-11
5538 5577 5471.3 5481.3 12-May-11
5485 5622.9 5465 5558.35 13-May-11
5548 5548 5478 5489.3 16-May-11
5475 5521 5423 5450 17-May-11
NOW please anybody explain me on how to calculate its SMA & EMA of 3,5,10,15 days step by step.
THANKS IN ADVANCE

Will Explain... SMA in this Post...& EMA in the next Post.

For 3 SMA add up the last 3 Close & Divide by 3
For 5 SMA add up the last 5 Close & Divide by 5
For 10 SMA add up the last 10 Close & Divide by 10
For 15 SMA add up the last 15 Close & Divide by 15

Example of 3 SMA

Add up the close of 17th, 16th & 13th

(5450 + 5489.30 + 5558.35) divide by 3
= 16477.65 divide by 3
= 5492.55

SG