The indicator analyzes the difference between the current price and the standard MA data.
The indicator is not redrawn on the formed bars.
To confirm the signal of the indicator, it is necessary to wait for the price to overcome the high (for buying) or the low (for selling) of the bar where the indicator changed color.
The indicator is easy to use and configure.
The indicator is effective as an element of any trend trading strategy.
Custom Parameters:
- MA_Period – MA period;
- MA_Shift – MA shift;
- MA_Method – smoothing method for MA;
- MA_Price – MA price;
- D_Price – price against which MA is compared.
Indicators of this type based on digital filters: RSTL dpl AM, RFTL dpl AM.
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