The rate of change, slope, speed (all these terms mean the same thing) of any moving average (SMA, EMA, SSMA, LWMA) allows you to recognize emerging trends.

The calculations are not too complicated. For example, a simple speed increase=[MA(i)-MA(i-1)] / 1 of the moving average indicates an increase in the bullish trend. A negative speed value indicates an increase in the bearish trend.

• MA Speed calculates the moving average speed (SMA, EMA, SSMA, LWMA) for any price type (Open, High, Low, Close, Median, Typical, or Weighted).

• The indicator contains a smoothing parameter (0-100) that cuts off market “noise”. The smoothed speed (SS) is calculated using the formula SS=[MA(i)-MA(i-smoothing-1)]/(1 anti-aliasing).

• The indicator is displayed in a separate window as a histogram. By default, the blue color indicates an increase in speed, and the red color indicates a decrease.

• The indicator can be used with any Expert Advisor called by the iCustom (…) function.

MA Speed calculates the moving average speed (SMA, EMA, SSMA, LWMA) for any price type (Open, High, Low, Close, Median, Typical, or Weighted).

The indicator contains a smoothing parameter (0-100) that cuts off market “noise”. The smoothed speed (SS) is calculated using the formula SS=[MA(i)-MA(i-smoothing-1)]/(1 anti-aliasing).

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The indicator is displayed in a separate window as a histogram. By default, the blue color indicates an increase in speed, and the red color indicates a decrease.

The indicator can be used with any Expert Advisor called by the iCustom (…) function.

And remember… The simpler, the better! Good trading!

MORACORP Solutions

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