The indicator builds two simple moving averages for High and Low prices.

The MA_High line is displayed when the sliding line is directed downwards. It can be used to place a stop order for a sell position.

The MA_Low line is displayed when the moving average is pointing up. It can be used to place a stop order for a buy position.

The indicator is used in the TrailingStop Expert Advisor.

Parameters

• Period – the period for calculating the moving average.
• Deviation – the coefficient of displacement / extension of the lines.

Buffer numbers: 0 – MA_High, 1 – MA_Low.