Moving Above Average
- Indicators
- Leonid Basis
- Version: 1.8
- Updated: 23 May 2020
- Activations: 5
A moving average is commonly used with time series data to smooth out short-term fluctuations and determine longer-term trends. The proposed indicator has an ability to increasing a smooth-effect.
This indicator could play an important role in determining support and resistance.
An input parameter nPeriod determines number of Bars for Moving AboveAverage calculation.