empty

Formula

SMA = Sum(Price)/n, where


Price — price at the moment from 1 to n;

n — moving average period.

Trading use

Various types of moving averages represent a popular analysis tool. Despite a large number of periods and types of MA calculation, practical use of moving averages is based on two factors: possibility to determine the trend direction with the help of MA and breakout/bounce trading from the level of this indicator.

Using IFX_MultiMovingAverage in MetaTrader, traders can easily figure out the trend showed by any of four moving averages applied in the indicator. The color of the indicator signals the trend direction: red color of moving averages in the extra window of the indicators means that the moving average is downward. Green color of IFX_MultiMovingAverage indicates an uptrend.

Using this indicator, traders can combine different moving averages, watching which trend prevails on a senior timeframe in one window. Based on this factor, traders can make market entry/exit decisions in the direction of the prevailing trend and at the same time monitor the moving average on a short-term time frame.

IFX_MultiMovingAverage

IFX_MultiMA parameters

MA1 = 13

MA2 = 34

MA3 = 55

MA4 = 89

Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.