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EMA vs WMA

Exponential Moving Average (EMA) is similar to Simple Moving Average (SMA), measuring trend direction over a period of time. However, whereas SMA simply calculates an average of price data, EMA applies more weight to data that is more current.
WMA assigns different weights to different data points based on the number of periods. It uses a formula that multiplies each data point by a weight, which decreases as the data gets older. So, the most recent data point will get the highest weight and the oldest data point will get the lowest weight.

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