Altitude
Altitude - indicator showing distance moving average of the current price in points. A simple but effective tool! Altitude indicator can be used in manual trading, and embedded in the expert.
He is represented by ?? in the form of a histogram in which you can change the color for positive and negative results. The indicator can also display the standard deviation of its values in a line graph.
- positive results when the moving average is above the price.
- The results are negative, when the moving average is below the price.
Automated trading
To use the automated trading indicator buffer type double:
- MA above the price (always positive) - buffer 0.
- MA below the price (always negative) - 1 buffer.
- Standard deviation indicator (always positive) - 2 buffer.
- Note that Zero - always empty.
Input parameters
- MAPeriod - period moving average.
- MAMethod - averaging method:
- MODE_SMA - 0.
- MODE_EMA - 1.
- MODE_SMMA - 2.
- MODE_LWMA - 3.
- MAAppliedTo - used price:
- PRICE_CLOSE - 0.
- PRICE_OPEN - 1.
- PRICE_HIGH - 2.
- PRICE_LOW - 3.
- PRICE_MEDIAN - 4.
- PRICE_TYPICAL - 5.
- PRICE_WEIGHTED - 6.
- ShowStdDev mapping line standard deviation can be set to True, and False.
Altitude indicator developed by Hilton Global LLC.
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