I have searched a lot and every authour of Website gave a formula for EMA Calculation as shown below
EMA = EMAp + {K * (Price - EMAp)}
EMA = exponential moving average
EMAp = the previous period exponential moving average
K = smoothing constant
Price = current price
But nobody has mentioned how to get the previous period exponential moving average
Could you please tell me how to get the previous day EMA ??
EMA = EMAp + {K * (Price - EMAp)}
EMA = exponential moving average
EMAp = the previous period exponential moving average
K = smoothing constant
Price = current price
But nobody has mentioned how to get the previous period exponential moving average
Could you please tell me how to get the previous day EMA ??