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Arnaud Legoux MA (ALMA)

Moving averagesOverlays price

An average whose centre of weight you can slide forward or back.

What it looks like

Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.

How to read it

The weights form a bell, and the offset decides whether its peak sits near the newest bar or in the middle. Closer to 1 is faster; closer to 0 is smoother.

Where it misleads

With three settings it becomes a different line entirely — copying someone else's numbers changes what it means.

Default settings

Length21
Offset0.85
Sigma6

You can change these on the chart. These are the values it starts with.

In SQMATE

One tap to add

Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.

Recalculated per timeframe

Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.

Use it as a search condition

Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.

Related indicators

Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.

Arnaud Legoux MA (ALMA) — what it means and how to read it | SQMATE