Skip to main content

MA

Type: ma • Category: indicators

Description​

Calculates Simple Moving Average based on price list

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprices datano
pricestringPrice field to use to calculate MAno
timeperiodnumberNumber of periods to use for MA calculationno30
matypenumberMoving average typeno0

Help​

MA (Moving Average) Indicator

Description​

The MA (Moving Average) indicator is a widely used tool in financial analysis that calculates the average price of a security over a specified period of time. This worker calculates the Simple Moving Average (SMA) based on a provided price list.

What does this worker do?​

The MA worker takes in a dataset of prices and calculates the moving average based on a specified number of periods and a chosen moving average type. The worker returns the calculated moving average values.

How to use this worker​

To use this worker, simply provide the required parameters:

  • dataExp: prices data
  • price: Price field to use to calculate MA
  • timeperiod: Number of periods to use for MA calculation
  • matype: Moving average type

How to interpret the results​

The MA indicator can be used to:

  • Identify trends: A rising MA indicates an uptrend, while a falling MA indicates a downtrend.
  • Determine support and resistance levels: The MA can act as a support level in an uptrend and a resistance level in a downtrend.
  • Generate signals: Crossovers between the MA and the price can be used as buy or sell signals.

Example Use Cases​

The MA indicator can be used in various financial analysis scenarios, such as:

  • Technical analysis: to identify trends and patterns in price movements
  • Risk management: to determine potential support and resistance levels
  • Trading strategies: to generate buy and sell signals

Visualizing the MA Indicator​

For a visual representation of how to use the MA indicator, refer to the following GIFs:

Full GIF​

[![Full GIF](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)

Short GIF​

[![Short GIF](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)

Additional Knowledge​

The Moving Average indicator has several types, including:

  • Simple Moving Average (SMA): calculates the average price over a specified period
  • Exponential Moving Average (EMA): gives more weight to recent prices
  • Weighted Moving Average (WMA): assigns different weights to prices over a specified period

The choice of moving average type depends on the specific analysis goals and market conditions.