A technical Indicator Moving Average (MA) shows the average price of an instrument over a certain period of time. When calculating the Moving Average, the price of the instrument is mathematically averaged over the given period. As the price changes, its average value either rises or falls.
Indicator view on the chart.
Simple Moving Average (SMA) is 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 Indicator settings window.
Use alerts - enable alerts
Repeat alert - enable repeat alert
Approximation Filter - the distance in ticks at which the alert is triggered
Alert File - select an alert sound
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 zero values
Show value - display of the indicator value on the left on the price scale.
Scale - if this option is enabled, the scale will be automatically calculated based on the minimum and maximum values of the indicator so it would fit on 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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