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TrailingStop MA

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.

Rodrigo da Silva Boa
7086
2016.01.09 13:17 
 

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Vadim Strelkov
7841
2014.04.03 14:52 
 

User didn't leave any comment to the rating