As we know, visual perception of a chart is of no small importance for convenient work. Selecting an indicator for your personal needs and further convenience of its usage allow to achieve more consistent results. Different visualization of one indicator can improve operational discipline and psychological stability or vice versa. I offer this version of the Moving Average trend indicator. The indicator is easy to use. It also displays readily accessible and intelligible information as so called color histogram directly on the price chart. It may well be that somebody would like this version of the commonly known indicator. It is recommended to be used on H1 and higher along with indicators, which signals about entry and exit points in the direction of movement.
- Fast – fast moving average period;
- FastPrice – averaging price for fast moving average (0 - close, 1 - open, 2 - high, 3 - low, 4 - median, 5 - typical, 6 - weighted);
- Slow – slow moving average period;
- SlowPrice — averaging price for slow moving average (0 - close, 1 - open, 2 - high, 3 - low, 4 - median, 5 - typical, 6 - weighted).