Average Bar
- Indicators
- Leonid Basis
- Version: 4.3
- Updated: 24 April 2020
- Activations: 5
This indicator (as almost all others) is based on classical Moving Averages. It shows the Average Bar under the current bar colored in aqua or over the current bar colored in orange.
Input Parameters: ma_Period and ma_Method.
The Average Bar maybe helpful to predict where the price will move in the nearest future.
Of course, this "near future" depends of the current time frame.