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In this Discussion
February 2022
anandn
January 2022
sujith
EMA calculation formula - Zerodha
renishkhunt
January 2022
edited January 2022
in
Algorithms and Strategies
Hello all,
I am trying to calculate the 5 days EMA calculation using code but I got the wrong output than Zerodha showing on the chart.
I take the EMA calculation formula from here
https://www.investopedia.com/terms/e/ema.asp
Here is my code for calculating the EMA formula.
$length = 5;
$multiplier = 2 / ( $length + 1 );
$todayPrice = 552.3;
// Wipro closing price 28 January 2022 15:00 to 28 January 2022 14:00
$averageSum = 551.2 + 555 + 555.25 + 553.75 + 553.6;
$average = $averageSum / $length;
print ($todayPrice * $multiplier) + ( $average * ( 1 - $multiplier ) );
I am getting the output 553.27 and Zerodha showing 553.4694 ( 2022/01/28 15:15:00 ).
Can you please help me where I did a mistake in calculating the EMA formula?
Thanks
Tagged:
php
EMA CALCULATION
sujith
January 2022
We don't do the calculations. We just use charting libraries. You can check out this
thread for curated list of things
.
anandn
February 2022
Hi,
You can check out my EMA tutorial. You can plug any broker into the final data
https://medium.com/p/5e029223ab01
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You can check out my EMA tutorial. You can plug any broker into the final data
https://medium.com/p/5e029223ab01