SMA
Moving averagesOverlays priceThe plain average of the last N closing prices, drawn as a line.
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
When the line rises, the average price over that window is rising. Bars above the line mean most recent buyers are in profit; below means the opposite. A short window hugs the bars, a long one moves slowly.
Where it misleads
Every day counts the same, so the line can jerk on the day a big old move drops out of the window.
Default settings
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
- EMAAn average that weighs recent days more heavily than old ones.
- WMAAn average where the newest day counts most and the weight steps down evenly.
- Smoothed MA (SMMA)A very smooth average that carries old values along for a long time.
- Hull MA (HMA)A fast average built to cut the lag out of ordinary averages.
- DEMAAn exponential average run twice, with the extra delay subtracted back out.
- TEMAAn exponential average run three times with even more of the lag removed.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.