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Differences of Moving Averages

This indicator plots short term trend with two moving averages difference and its signal line.

Best result at 5 min chart in default parameters.

There are 7 extern input parameters:

  • MaShortPeriod: period of the first MA.
  • MaLongPeriod: period of the second MA.
  • ModeDoMA: DoMA method.
  • ModePrc: MA price mode.
  • SignalMaPeriod: Period of Signal MA.
  • ModeSma: Signal MA mode.
  • LabelLevel: Horizontal line level on display.

Default parameters can be changed by user.

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