Description
The Daily SMA study plots a simple moving average for price data on specified aggregation period. The default value of the aggregation period is one day.
Input Parameters
| Parameter | Description |
|---|---|
price
|
The price used to calculate the average. |
aggregation period
|
The aggregation period on which the average is calculated. |
length
|
The number of bars with specified aggregation period used to calculate the average. |
displace
|
The displacement of the study, in bars with specified aggregation period. Negative values signify a forward displacement. |
show only last period
|
Defines whether to display the average plot for the whole chart or for the last aggregation period only. |
Plots
| Plot | Description |
|---|---|
DailySMA
|
The Daily SMA plot. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.