MA Trend Oscillator: Averaging Price Position Across a Moving Average Fan

Summary

The MA Trend indicator summarizes where the closing price sits relative to a fan of moving averages. For each average, it assigns a positive value when the close is above it and a negative value when the close is below it, then averages those values. The result is shown as a histogram in a separate chart window, giving a compact view of how broadly price is positioned across the selected averages.

Users can set the first moving average period, the period increment between averages, the number of averages, the calculation method, and the applied price. The document explains the indicator’s calculation but does not specify trading entry or exit rules, test results, or evidence that the signal predicts returns. Its output reflects price’s relative position to the chosen averages, so the reading depends on the periods and calculation settings and should not be treated as a standalone strategy.

Key ideas

• The indicator compares closing price with a sequence of moving averages.
• Each average contributes a positive or negative value according to whether the close is above or below it.
• The indicator averages those values and displays the result as a histogram.
• Its parameters control the average periods, count, method, and applied price.
• No trading rules or performance evidence are supplied.

Tags

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