TrailingStop MA
- Indicators
- Andrej Nikitin
- Version: 1.10
- Updated: 4 October 2018
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.
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