SMA:A simple moving average (SMA) calculates the average of a selected range of prices, usually closing prices, by the number of periods in that range. A simple moving average is a technical indicator that can aid in determining if an asset price will continue or if it will reverse a bull or bear trend.
Pattern name: Strategy name
Time interval: Candlestick or bar Timeframe
Signal Direction: Bullish or Bearish
SMA: The Simple Moving Average (SMA) is a trading indicator.
Index: Select the period of SMA.
Cross: When the SMA is crossing the Close-price on a candle bar or another SMA. For cross strategy a second index which is the Close-price on a candle bar or aditional period of a SMA need to be selected.
Second Index: Select the second index which is the Close-price on a candle bar or anoter SMA.
Effect: Select “Below to Above” ,“Above to Below” or Touch. The index functions -Below/Above- in coordination with Second index or Target level.
Target Symbol: Add target symbol.
Time Scope: Timeline for the strategy
“Create and save” or “Create and Add New Indicator”: Select “Create and Save” if building a strategy with one indicator, or select “Create and Add New Indicator” if adding an additional indicator to the strategy.