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Exponential Moving Averages smooth price data over time. Consider the prices as per Problem 1 i 2 Pn The definition is EMA = E -1

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Exponential Moving Averages smooth price data over time. Consider the prices as per Problem 1 i 2 Pn The definition is EMA = E -1 + K (Pn E.-1) , + (1-) EM-1 EMAT Where K is the smoothing constant; 0

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