MA Difference Indicator for Comparing Price and Moving Averages
Summary
The MA_Difference indicator displays the differences among price and two configurable moving averages. It can show the distance from price to each average and the distance between the averages. Settings let the user choose each average’s calculation period and method, select the price input, and decide which lines appear in the indicator display.
The difference can be displayed as an absolute value or in relative form, allowing the chart to present magnitude without direction or preserve the sign of the relationship. This makes the indicator a visualization of price and moving-average separation, not a complete trading system: the document gives no entry or exit rules, risk controls, tested markets, or performance results. Its usefulness depends on how the chosen averages and display mode fit a separate analysis process; the description alone does not establish predictive value.
Key ideas
- The indicator compares price with two moving averages and compares the averages with each other.
- Users can set the periods, calculation methods, and applied price for both averages.
- The difference display can use absolute or relative values.
- Separate controls determine whether the difference and either moving-average line are shown.
- The description provides 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.