Configuring Eight Moving Averages with Shared Methods and Prices
Summary
This document describes a chart indicator that displays eight moving averages at once. Users choose one calculation method and one input price for the set, then specify a separate lookback period for each average through a comma-separated parameter. The listed methods are simple, exponential, smoothed, and linear weighted moving averages.
The practical idea is to compare averages over multiple time horizons while keeping their calculation method and price basis consistent. The document provides no trading rules, performance results, or explanation of how to interpret crossovers or other patterns. It is a brief feature description, so traders would need to decide how to use the displayed averages and assess any resulting strategy themselves.
Key ideas
- The indicator plots eight moving averages in one display.
- A single calculation method and input price apply to all eight averages.
- Each moving average has its own period, entered in a comma-separated list.
- Available calculation methods include simple, exponential, smoothed, and linear weighted averages.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.