Logarithmic Moving Average
- Indicators
- Ryan L Johnson
- Version: 1.1
- Updated: 15 June 2023
- Activations: 5
The Logarithmic Moving Average indicator is a moving average that inverts the formula of an exponential moving average.
Many traders are known to use logarithmic charts to analyze the lengths of price swings. The indicator in this post can be used to analyze the logarithmic value of price on a standard time scaled chart.
The trader can set the following input parameters:
- MAPeriod [defaults to: 9] - Set to a higher number for more smoothing of price, or a lower number for faster reversal of the logarithmic moving average line study.
- MAShift [defaults to: 3] - Set to a higher number to reduce the amount of price crossovers, or a lower for more frequent price crossovers.
Indicator line (indicator buffer) can be called with iCustom in Expert Advisors created by Expert Advisor builder software or custom coded Expert Advisors:
- No empty values; and
- No repainting.
LEGAL DISCLAIMER: Nothing in this post may be construed as trading nor investment advice. Any and all examples provided above merely illustrate the technical features and hypothetical usage of the indicator posted herein.