All the Averages Indicator for Trend Direction and Strength

Summary

The indicator scores price against a range of moving averages and tracks whether those averages are rising or falling. It combines these counts into a value on a zero-to-100 scale, then smooths the result with another moving average. The document describes values above or below 50 as indicating upward or downward strength, respectively, and suggests that a crossing of the smoothed line may signal a trend change.

Users can configure the lowest and highest average periods, the average type, and the smoothing period. The provided example uses periods from 20 through 200 and an exponential average. The document offers no performance data or rules for entries, exits, or risk control; its interpretations are indicator guidance rather than evidence of predictive reliability. It also notes that the platform's imported indicator file may be needed for full functionality.

Key ideas

• The score combines counts of averages that price is above and averages that are rising.
• The result is scaled from zero to 100, with 50 serving as the midpoint.
• A moving average smooths the score, and crossings may be used to spot possible trend changes.
• The tested average-period range and average type are configurable.
• The document supplies no backtest or evidence that the signals predict profitable trades.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.