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###  | Moving Average |

| The Moving Average tab is used to define or modify all types of moving averages. You can give the moving average you create a meaningful name, or leave the '*' in the Name field and one will be generated. If you already have several MA's defined, select the one you want to modify by clicking the down arrow at the end of Name selextion box and selecting one from the list.

The Time Period specifies the number of data points the average is computed over. (For daily charts a data point is 1 day, for weekly a data point is 1 week, i.e. a data point is the time period of the chart). The Method selects the method for computing the average, (Variable is not yet implemented). The Price field selects which price of each data point is used in computing the average. Mid Pt. selects (High+Low/2), Typical is (High+Low+Close)/3, and Weighted Close is: (High+Low + 2*Close)/4. The Offset from MA field is a factor which is multiplied by the moving average value computed before it is plotted. This can be used to generate bands at a fixed percentage offset from the actual average. For example if you want to show a pair of bands at the 50 day moving average + and - 20%, you would create two 50 day moving averages, and make the Offset from MA field 1.2 for the +20% band and .8 for the -20% band. The Line Attributes group specifies the Width as well as the of the color of the study line. The [Color] button is used to change the color of the line. Pressing [Apply] or [OK] creates or modifies the study.

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