What it does
Moving Average Double plots two moving averages of different lengths on the same chart, classically a fast and a slow one (for example 20 and 50). The relationship between them defines trend: fast above slow is bullish, fast below slow is bearish. It is the foundation of the dual moving average crossover system.
Typedraws on the price chart
How to add it
Click Indicators (ƒx) in the header.
Search “Moving Average Double” and click the result.
Hover its legend row and click the gear to open settings.
How traders use it
- A fast-over-slow cross (golden-cross style) is a buy signal; the reverse (death-cross style) is a sell signal, most reliable on higher timeframes.
- In an established trend, pullbacks to the fast MA offer aggressive entries and to the slow MA conservative entries.
- The gap between the two averages gauges trend strength: widening spread means acceleration, narrowing spread warns of a stall.
- Use the slow MA as a trailing stop reference for position trades.
- Filter crossovers with ADX or volume to skip signals in flat markets.
Inputs
| Input | Type | Default | Range / Options |
|---|---|---|---|
| 1st Period | number | 14 | 1–10000 |
| 2nd Period | number | 21 | 1–10000 |
| Method | select | Simple | Simple / Exponential / Weighted |
Plots & styling
| Plot | Style | Default color |
|---|---|---|
| Plot 1 | line | #FF6D00 |
| Plot 2 | line | #2196F3 |
Every plot's color, line width and visibility can be changed on the Style tab. Precision, price-scale labels and status-line values are configurable at the bottom of the Style tab.
Tips
- Right-click the indicator's line for quick actions — settings, visibility and removal without hunting through menus.
- Use Add to favorites in the legend menu; starred studies surface at the top of the picker.
- The legend eye toggles it off without losing your settings — handy for before/after comparisons.
Watch out for
- Crossover systems get chopped to pieces in sideways markets, producing repeated small losses.
- Both averages lag, so crosses confirm trends well after the turn, giving back a chunk of every reversal.