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SMA (Simple Moving Average) Indicator

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Simple Moving Average (SMA) - represents the average price over a specific period.

 

This indicator helps determine the direction of the market trend. If the chart line is above the moving average, it indicates a "bullish" market where assets can be bought. If it is below, it signals a "bearish" market, where selling is preferable.

 

Current price above SMA - the bot will open a trade when the coin's price is above the indicator line.



The current price is below the SMA - the bot will open a trade when the coin's price is below the indicator line.



The current price crosses the SMA from below to above - the bot will open a trade at the moment of crossing the lines.



The current price crosses the SMA from above to below - the bot will open a trade at the moment of crossing the lines.


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