Variable Moving Average

Calculation

This indicator has three components:

1. SMA - Simple Moving Average
2. EMA - Exponential Moving Average
3. SHMA - Smoothed Moving Average

where:

"Price" can be Open, Close, High, Low or Midpoint
"SMALength" is the number of chart points used for SMA indicator
"EMALength" is the number of chart points used for EMA indicator
"SHMALength" is the number of chart points used for SHMA indicator

From "Indicator Properties" you can change the settings for indicator:


This dialog has three sections: "SMA", "EMA" and "SHMA" from where you can set line thickness, color and style of components. You can also change the "Length" for each component.

Variable Moving Average indicator on ESZ07 chart

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