How Can I set the days for a Simple Moving Average?
You would need to set the bar interval to 1 day and the SMA intervals to The number of days you want. Ex if you wanted a 50-day Simple moving average you would set the bar interval to 1 day and the SMA intervals to 50.
The plot of a moving average (mean) price of a future over a specified number of periods.
SMA Properties
To pull up the study property You can either right click in the chart and select properties from the menu or click the Chart Properties button
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Simply Left click on the Value column to configure SMA properties.
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TIP: To add multiples of the same study simply go to the add studies page select the study again then go to properties to configure each individual study.
FAQ: How to create a 50 day moving average? If you want a 50 day SMA, you make the bar interval 1 day and the SMA periods 50. An SMA set to 1 period is only going to average a single bar against itself (e.g. that won’t be a an average at all, but just follow the bars price.) Also, if you are putting a 50 day (or even a single day) SMA on a 10 minute chart, you are pretty much only going to see a straight line. That line will be the SMA’s value for that day. That’s because a moving average (or any study for that matter) based on a daily bar interval is not going to have an intra-day value. It will only have a single value for the whole day. Finally a 50 day bar interval is going to generate 1 bar for every 50 days traded. The SMA will smooth those bars.