Moving Average Stops

Moving average stops will monitor the underlying price and/or its moving averages and close your position when a certain moving average signal is met. Bots support two types of moving average signals.

One is a Moving Average Crossover (MA Crossover) which will compare the current level of two different moving averages, and if one is above the other, a stop is confirmed.

The second type of moving average signal is simply a Moving Average Value (MA Value) which will compare the current underlying price against a moving average of your choice, and if the underlying is above or below (your choice) the moving average, then a stop is confirmed.

Moving average stops are checked every 60 seconds throughout the day.

Simple Moving Averages (SMA)

SMAs all use days for the period. 200-day SMA represents the average closing price over the last 200 days. For the current day that the bot is trading, the bot will include the current underlying price for that day's price. If you are using the 200-day SMA, the average will come from the current intraday underlying price and the 199 daily closing prices before that.

SMAs use unadjusted prices, which can lead to false signals following stock splits.

Exponential Moving Averages (EMA)

EMAs all use minutes for the period. 50-minute EMA represents the average price over the last 50 minutes, with multiple readings sampled per minute to determine an average price for each minute.

EMAs reset daily and do not include prices from the prior session. This means that your EMA is not complete until the number of minutes in the EMA length have occurred for the current session. If using a 50-minute EMA while only 5 minutes into the session, the EMA at that point in time will only reflect the average for the first 5 minutes, not 50 minutes. You may wish to restrict bot entry until a time of day when your EMA calculations are complete for your selected length.