A Split Moving Average Indicator with Bullish and Bearish Components
Summary
This short description introduces a moving-average indicator that separates its output into bullish and bearish components and displays them in a separate chart window. It is intended as a way to inspect directional information derived from a moving average, rather than showing only a single conventional average line. The description does not specify the formulas used to split the components or how a trader should interpret their values.
The indicator has three configurable inputs: the calculation period, the price series used in the calculation, and the moving-average method. These settings let users adapt the calculation to different instruments or charting preferences, but the document gives no performance evidence, entry or exit rules, or risk controls. It is therefore best understood as a technical-analysis visualization tool, not a complete trading strategy. Any use would require independent interpretation and testing against the intended market and timeframe.
Key ideas
- The indicator presents bullish and bearish moving-average components in a separate chart window.
- Users can set the calculation period, applied price, and moving-average method.
- The description does not explain the component formulas or provide trading rules.
- No backtest results or evidence of profitability are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.