Don’t you hate it when there has been a spike in the market leaving your moving averages lagging behind? Wouldn’t it be nice if the moving average could somehow take this spike into account and reset itself?
Introducing the Resetting Moving Average – a Simple Moving Average (SMA) with the capability to reset itself once the price reaches the configured standard deviation level. If the price doesn’t spike for a while, no problems, the average will be just like any other SMA.
The following are inputs available in the application:
Reset threshold – the number of standard deviations, which if reached, causes the moving average to reset. Default is 2.0
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’s Trading Station Desktop. 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 John Colonna or MooMooForex. MooMooForex is not owned, controlled, or operated by FXCM LLC and John Colonna is not an employee, agent or partner of FXCM LLC.
*Links to third-party sites are provided for your convenience and for informational purposes only. FXCM bears no liability for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites’ terms and conditions.
We can customize any app to meet your trading needs. All you need to do is tell us what you’re looking for and we'll help you build the perfect trading app.