Displaced Moving Average Channel (DMA)

12 thg 10, 2020

What is This?

The Displaced Moving Average Channel (DMA) indicator is a combination of two moving averages calculated on the high and low of a set time period back which are displaced forward or backward with the center highlighted as a central channel.


What Information Can I Get Out of It?

This indicator can be used as a support or resistance as some moving averages are typically used as well as a tiny measure of recent volatility by looking at the spread between the top and bottom moving averages.


Where Did This Idea Come From?

I did not come up with the concept of this indicator since I was inspired to use this as a setup/trigger indicator in a potential trading strategy as seen in this whitepaper.

20 thg 12, 2020

Phát hành các Ghi chú

Changed the default period to the same period that Philip Erlanger uses

20 thg 12, 2020

Phát hành các Ghi chú

Changed chart (no updates to the code)