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TrailingStop MA 4

The indicator draws two simple moving averages using High and Low prices.

The MA_High line is displayed when the moving average is directed downwards. It can be used for setting a stop order for a sell position.

The MA_Low line is displayed when the moving average is directed upwards. It can be used for setting a stop order for a buy position.

The indicator is used in the TrailingStop Expert Advisor.

Parameters

  • Period - period of calculation of the moving average.
  • Deviation - rate of convergence/divergence of the lines.

Buffer indexes: 0 - MA_High, 1 - MA_Low.

Maksym Mudrakov
10497
2016.08.31 12:32 
 

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Vadim Strelkov
7889
2014.05.12 09:46 
 

User didn't leave any comment to the rating