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Large

Indicator of the "unordinary analysis" series. In the main chart window it displays the lines of 3 moving averages - fast, slow and "own". For the first two, you can customize the parameters for price, period and smoothing method, while only the working period can be selected for the third. This line uses a special algorithm to calculate the close price for each bar/candle. After calculating these prices, the line value is averaged for the selected period by a simple averaging.


How to use the indicator?

The indicator is designed to improve the popular strategy based on two moving averages.
When the moving average lines are crossed, wait for the confirmation signals;

  1. The "Large MA" line crossing the price graph
  2. The "Large MA" goes above/below both moving average lines


Input parameters

  • Large Period - period, the number of bars/candles for the "Large MA" line (minimum 2)
  • Fast MA Period - period, the number of bars/candles for the fast moving average (minimum 2, maximum is less than the period of the slow moving average by 1)
  • Fast MA Price - applied price for the fast moving average
  • Fast MA Method - smoothing method for the fast moving average
  • Slow MA Period - period, the number of bars/candles for the slow moving average (minimum is greater than the period of the slow moving average by 1)
  • Slow MA Price - applied price for the slow moving average
  • Slow MA Method - smoothing method for the slow moving average

Following the fluctuations of the "Large MA" line also allows determining the volatility value in the selected period.

No reviews
Version 1.2 - 2017.05.11
After a thorough study, this algorithm has found use in combination with a previously known strategy of two moving averages. The essence is that the indicator displays its "own" line along the lines of two moving averages. This line is averaged by the price values that were supposed to happen with high probability according to the indicator's calculations, but were not reached by the market. This line will be the confirming signal line after crossing the moving average lines. The first confirmation signal occurs when the line is crossed by the price graph. The second one occurs when the line become above/below both moving averages, accordingly to the medium-term and long-term trades.
Version 1.1 - 2017.02.16
The new version of the product has become more useful. The indicator is now displayed in the main window, it now has a second line - 5-period moving average line. It is now possible to distinguish buy and sell signals. The sell signal is generated when the blue line crosses the line of the moving average and instrument price downwards, and the buy signal - upwards. A signal is confirmed when the line of the price chart is crossed. The indicator is useful on smaller timeframes only (not greater than H4). Another way to distinguish a false signal is to switch the timeframe to a smaller one when a signal appears and to see if the line has crossed the price chart on that timeframe.