iSpeedMA for exV2 Indicator

iSpeedMA for exV2 Indicator calculates acceleration "moving average» (Moving Average), while showing the pivot point not only of the moving average, but the price chart of currency tool.

The graph below shows the indicator in the indicator window as two lines, solid and dotted line. The dotted line has a smoother appearance and repeats the movement of the "moving average", whose parameters are specified in the settings of the indicator for iSpeedMA exV2 , a line that is drawn in a solid indicator window, has a more "agile" in nature, and its abrupt changes in values, more like behavior of any of the oscillators. Both of these lines go on the same scale above and below zero, and their values ​​can range from -100 to 100 .

An indicator:

TF_Indicator - selected time frame:
0 - M1,
1 - M5,
2 - M15,
3 - M30,
4 - H1,
5 - H4,
6 - D1,
7 - W1,
8 - MN;
MA_Period - during the "moving average";
MA_Method - smoothing method "moving average":
0 - SMA,
1 - EMA,
2 - SSMA,
3 - LWMA;
MA_Price - the price at which the value will be calculated "moving average":
0 - close,
1 - open,
2 - high,
3 - low,
4 - median (HL / 2)
5 - typical (HLC / 3)
6 - weighted (HLCC / 4);
Smooth - smoothing parameter;
SHOW_0 - display a solid line indicator.

The use of the trade:

as this indicator is based on the popular LED Moving Average , then using it with the settings at default, you can consider this as a trend indicator, but changing a few parameters and this "trend" indicator can be turned into an oscillator.

Using the above property, we can build a trade on this indicator for different purposes.

For example, if you are more cautious and conservative trader, ie, the moment when it is necessary to open a trading position is the situation when the indicator crosses the solid line below the top dotted line - to buy and top to bottom - for sale. Filter for the discovery of such positions may serve as a zero level indicator, default or any other numerical level which the user chooses for himself.

Another method of trading for this indicator is more protracted in catching trends in order to get the most out of every price movement in one direction or another. To disable the start option "SHOW_0" , and the deal will open when the dotted line intersects the level "0" from the bottom up - to buy, and from top to bottom - for sale.

Download iSpeedMA for exV2 Indicator