Comparing Three Moving Averages to Show Currency Pair Trends

Summary

The indicator summarizes trend direction across multiple currency pairs on the chart’s current timeframe. It compares three moving averages with different shift settings: a fast, an intermediate, and a slow EMA. The shifts can be adjusted, as can the corner where the indicator appears.

Its display relates the currency pairs listed across the top to those listed in a side column, using values from the current timeframe. The document describes the indicator’s inputs and layout but provides no formula for the comparisons, example signals, or performance evidence. It does not specify how to interpret individual readings or whether the display is intended to generate trades. Treat it as a way to compare pair trends, rather than as a tested strategy.

Key ideas

• The indicator compares three EMAs with configurable shift periods to represent trend direction.
• It presents readings for multiple currency pairs on the current chart timeframe.
• The display relates pairs in a top row to pairs in a side column.
• The description gives no trading rules or performance evidence.

Tags

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