Indicators: Price period SMA

 

Price period SMA:

The indicator calculates the average price for the specified period.

Price period SMA

Author: Lilita Bogachkova

 
An indicator based on the calculation of the average daily price was written to compare correlating financial instruments.
I mainly use the indicator to track the relationship between the current price and the average daily price.
For example, comparing EURUSD with the US dollar index.
Reason: