Moving Average, MA shows the average of the instrument price for a specific time period. To calculate the Moving Average, the instrument price is averaged mathematically for that period. While the price changes, its average either increases, or declines.
Indicator view on the chart.
Simple Moving Average (SMA), to be calculated by summing closing prices for a specific time period (e. g. 15М; 1H; Daily), with further division of the obtained sum by the number of periods.
To add and set up this indicator, open the settings window.
Sourse - setup of the indicator calculation parameters:
Period - setup of the indicator calculation period.
Panel - selection of the indicator position on the chart:
- New panel.
Show value - display of the indicator value on the left on the price scale.
Scale - if this option is on, the scale is calculated automatically based on the minimum and maximum values of the indicator to fit the latter in the chart.
Color - color setup of the indicator.
Visual type– visual setup of the indicator display on the chart:
- Up arrow
- Down arrow
- Axis label
Line style - setup of the line display:
Width - width setup for the indicator line.
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