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Technical Studies Reference


Average - Continuous


Description

The Average-Continuous study calculates at each bar an average of the particular referenced Study Subgraph, starting from either the first bar in the chart, or the start of the trading day.

This is why it uses the "Continuous" term rather than "Moving". It does not reset itself bar to bar, but continuously calculates an average from a set reference point.

Inputs

  • Study and Subgraph to Reference: This Input selects both the Study and Subgraph within that study to calculate the average of. Use < Main Price Graph > to reference the main price graph.
  • Reset at Start of Trading Day: When this Input is set the Yes, the average calculation resets itself at the start of each trading day according to the Session Times set for the chart.

*Last modified Sunday, 29th January, 2023.