Mov Avg Adaptive (Indicator)Analysis Techniques & Strategies
Mov Avg Adaptive (Indicator)
| Name | Expression | Default | Description |
| Price | Numeric | Close | Value used in calculating the adaptive moving average. |
| EffRatioLength | Numeric | 10 | Number of bars to calculate the efficiency ratio. |
| FastAvgLength | Numeric | 2 | Number of bars used to calculate the fast smoothing factor. |
| SlowAvgLength | Numeric | 30 | Number of bars used to calculate the slow smoothing factor. |
The moving average may be the most widely used indicator. The Mov Avg Adaptive indicator calculates and plots an average of prices, specified by the Price input, which changes in sensitivity based on the volatility of the direction of price movement. This method of calculating a Moving Average provides a greater sensitivity when prices are moving in a uniform direction, and lessens sensitivity as price direction becomes more volatile. (A simple moving average provides the same sensitivity, regardless of the volatility in price direction.)
A moving average is generally used for trend identification. Attention is given to the direction in which the average is moving and to the relative position of prices and the moving average. Rising moving average values (direction) and prices above the moving average (position) would indicate an uptrend. Declining moving average values and prices below the moving average would indicate a downtrend.
| Number | Name | Default Color | Description |
| Plot1 | MAA | Yellow | Plots the adaptive moving average value. |
When applied to a chart, this indicator displays one plot in the same subgraph as the price data.
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