Compound Indicators (Indicators of Indicators)

EMA of Indicator indicator

Computes the Exponential Moving Average of any other indicator.

Definition

Computes the Exponential Moving Average of any other indicator.

Parameters

Inner indicator, Window

Example condition

text
`EMA(Volume(SPY), 20 days)` — The 20-day EMA of SPY's volume. Useful for detecting volume surges.

Use in a strategy

Add this indicator to a strategy condition, choose its supported parameters and compare the output with the threshold required by your rule. Preserve the same interval and lookback when comparing backtests.

After saving the condition, inspect its asset, interval, lookback and comparison operator against the parameters above. If no trades occur, check whether the condition ever became true and whether the requested input data exists for that period. A missing input is not a zero-valued signal. An indicator produces an input to a rule. It does not establish future returns, and data availability can differ across assets and periods.