Page History: Simple Moving Average (SMA)
Compare Page Revisions
Page Revision: 2016/04/26 09:47
Plot of a moving average (mean) price of a future over a specified numbers of periods.
(SMA) Properties
To pull up the study property You can either right click in the chart and select properties from the menu or click the Studies and Chart Properties button
Simply Left click on the Value column to configure SMA properties.
TIP: To add a multiples of the same study simply go to the add studies page select the study again then go to properties to configure each individual study.
FAQ: How to create a 50 day moving average? If you want a 50 day SMA, you make the bar interval 1 day and the SMA periods 50. An SMA set to 1 period is only going to average a single bar against itself (e.g. that won’t be a an average at all, but just follow the bars price.) Also, if you are putting a 50 day (or even a single day) SMA on a 10 minute chart, you are pretty much only going to see a straight line. That line will be the SMA’s value for that day. That’s because a moving average (or any study for that matter) based on a daily bar interval is not going to have an intra-day value. It will only have a single value for the whole day. Finally a 50 day bar interval is going to generate 1 bar for every 50 days traded. The SMA will smooth those bars.
Click here to return to the list of available Studies