SMA Directional Matrix
By LuxAlgoSep 8, 2020
The SMA Directional Matrix answers a deceptively simple question: across every lookback you care about, which way are the averages pointing? Created in collaboration with alexgrover, it renders a panel listing each simple moving average period between a user-defined Min and Max, each beside a symbol for its current direction. One glance replaces plotting dozens of overlapping lines.
How to Trade the SMA Directional Matrix?
- All symbols aligned: mid- and long-period averages agreeing on direction is the signature of a trend running without meaningful retracement.
- Short periods against long ones: recent movement fighting the older trend: a retracement in progress, or the first stage of a reversal.
- A balanced mix: rising and falling averages in roughly equal number point to a range-bound, undecided market.
Because each row is simply an average's direction, the panel works like a bank of slope filters spanning short, mid, and long horizons at once. Watching how quickly the shorter rows flip against the longer ones tells you whether momentum is genuinely turning or merely pausing.
SMA Directional Matrix Settings
- Min: the shortest moving average period included in the panel.
- Max: the longest period analyzed.
- Src: the source series feeding every average.
- Number Of Columns: the panel layout, worth raising when covering a broad period range.
Frequently Asked Questions
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