Building a Moving Average of Moving Averages Indicator
Summary
The document describes an indicator built from three successive moving-average calculations. The first line applies a selected moving-average period and method to a chosen price input. The second line smooths the first moving-average series using another period and method, and the third smooths the second series in the same way. This creates a layered trend indicator whose output depends on the selected inputs.
The text does not specify default periods, averaging methods, signal rules, chart interpretation, or how the indicator might be used to enter or exit trades. It provides no examples, comparative analysis, or performance evidence, so the indicator’s usefulness and responsiveness cannot be assessed from the document alone. Traders would need to define parameters and test the resulting signals against their market and timeframe before drawing conclusions.
Key ideas
- The indicator begins with a moving average applied to a selected price input.
- A second moving average is calculated from the first line, and a third from the second.
- Each stage has its own period and averaging-method inputs.
- The document supplies no signal rules, parameter defaults, or evidence of trading performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.