TradeStation

Colored Moving Averages Can Help You Spot Trends

Moving averages are perhaps the most popular indicator in technical analysis . But sometimes they're not the easiest to interpret.

This indicator helps you see the trend by coloring the MA based on its direction. It's green when rising and red when falling. Of course, you can easily change that in the Style tab under Settings.

Color MA also lets you select from five different types of moving averages, including simple, exponential and Hull. We've included a list for easy reference below. Just change the "AvgType" on the Input tab under Settings.

This chart of Facebook shows the 20-day simple moving average . Notice how swings often marked turns in the stock price.

AvgType codes:
1 - Simple Moving Average
2 - Exponential Moving Average
3 - Hull Moving Average
4 - Weighted Moving Average
5 - Volume Weighted Moving Average
Remove from Favorite Scripts Add to Favorite Scripts
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out