|
Autofx, it all depends on the definition what a period is.
In TA, when it comes to EMAs a period is normally is one day. The same applies to the RSI e.g. a 9 period RSI is a 9 day RSI.
So a 5 day EMA is indeed a 5 period Ema, it is both the same.
To make it easier why not just use the commen term: a 5 EMA or a 21 EMA, (knowing we speak of 5 or 21 days or periods here)
|