How to calculate EMA in Swift
EMA gives more weight to recent price data, helping traders quickly identify trends and respond to changing market conditions.
To calculate the Exponential Moving Average (EMA) in Swift, you can use the following formula:
EMA = (current_price * k) + (previous_EMA * (1 - k))
Where current_price
is the most recent price point, previous_EMA
is the previous period's EMA, and k
is the smoothing constant. This constant is calculated as 2 / (n + 1)
, where n
is the number of periods in the EMA.
Here is some sample code to calculate a 10-period EMA:
let data = [3.0, 4.0, 5.0, 4.5, 4.0, 5.5, 6.0, 5.5, 5.0, 4.5]
let n = 10
let k = 2 / Double(n + 1)
var ema = data[0]
for i in 1..<data.count {
ema = (data[i] * k) + (ema * (1 - k))
}
print(ema)
You can also use the reduce
function to calculate the EMA.
let k = 2 / Double(n + 1)
let ema = data.suffix(n).reduce(data.first!) { (prev, curr) in (curr * k) + (prev * (1 - k)) }
In this code snippet, data
is an array of Double containing the trading data, n
is the number of periods in the EMA, k
is the smoothing constant, ema
is the calculated EMA.
Keep in mind that the first EMA value is typically the SMA of the first n periods, and then the EMA is calculated based on that value.