Under construction!
Moving Average
Introduction
Calculation
Parameters
Logic - from this dropdown box we chose the logic of using of the indicator. The possible logics are:
- The MA value is rising.
We have a signal buy when the current bar value of MA is higher than the previous bar value. And we have a signal sell when the current bar value of MA is lower than the previous bar value. - The MA value is falling.
We have a signal buy when the current bar value of MA is lower than the previous bar value. And we have a signal sell when the current bar value of MA is higher than the previous bar value. - The Price Buy is greater than the MA value.
We have a signal buy when the current bar value of MA is lower than the Price Buy specified in the Open Slot. And we have a signal sell when the current bar value of MA is higher than the Price Buy specified in the Open Slot. - The Price Buy is lower than the MA value.
We have a signal buy when the current bar value of MA is higher than the Price Buy specified in the Open Slot. And we have a signal sell when the current bar value of MA is lower than the Price Buy specified in the Open Slot. - The Price Open is greater than the MA value.
We have a signal buy when the current bar Price Open is higher than the MA value. And we have a signal sell when the current bar Price Open is lower than the MA value. - The Price Open is lower than the MA value.
We have a signal buy when the current bar Price Open is lower than the MA value. And we have a signal sell when the current bar Price Open is higher than the MA value. - The Price Close is greater than the MA value.
We have a signal close when the current bar Price Close is higher than the MA value. - The Price Close is lower than the MA value.
We have a signal close when the current bar Price Close is lower than the MA value. - It does'n act as a filter.
This means that there is no logic condition.
Smoothing Method - During the calculating of the Moving Average, the Forex Strategy Builder uses Moving Averages to smooth the values. From here we can chose the calculation method of the MA.
- Simple - Simple Moving Average.
- Weighted - Weighted Moving Average.
- Exponential - Exponential Moving Average.
- Smoothed - Smoothed Moving Average.
Base Price - the base price for calculating the indicator.
- Open - the first price for the bar.
- High - the highest price for the bar.
- Low - the lowest price for the bar.
- Close - the last price for the bar.
- Median - (High + Low)/2.
- Typical - (High + low + Close)/3.
- Weighted - (High + low + 2*Close)/4.
Use previous bar value - when we open a position on price different than Price Close or Day Close, and the Base Price of the indicator is different than Price Open, we have to mark this check box. This guarantees us that at the time of opening we use the correct indicator's value.
Period - the period of the Moving Average.
Shift - the number of bars, we move the MA value to the future.
Default parameters
- Logic - The Price Buy is greater than the MA value
- Smoothing Method - Simple
- Base Price - Close
- Period - 21
- Shift - 0
Usage