Two of the most commonly used moving average types used by traders are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). This can make it difficult to decide which one to use if someone wants to follow what other traders are watching, and may require using both, which can clutter up the chart if many moving averages are used.
For this reason, Innovative Indicators created a new moving average type which merges the SMA and EMA by calculating an average of the two. It can be used when a midpoint between the two is precise enough for a trader.
The Merged Moving Average always sits right in the middle of the SMA and EMA, but only the merged average is displayed by this indicator.
Up to 6 merged moving averages of different periods can be displayed using this one indicator.
The following are inputs available in the application:
Up to 6 moving averages can be displayed. Each has these settings
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results.
There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.
This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).
Forex Capital Markets, LLC. (“FXCM LLC”) is an independent legal entity and is not affiliated with Bernhard Liedtke or Innovative Indicators. Innovative Indicators is not owned, controlled, or operated by FXCM LLC and Bernhard Liedtke is not an employee, agent or partner of FXCM LLC.
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