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MA Offset |
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MA Offset
The default value is 20. Valid range is from 0 to 500.
This represents the offset to be used for the Moving Average you are creating with the cycleMABands indicator. Note that while this value is entered as a positive integer value, it is applied as a negative offset in that it is used to shift the Moving Average to the left on your chart. This parameter is used in conjunction with the MA Period parameter to create an offset Moving Average that closely tracks the price action in a particular security. Typically you would set the MA Offset to one-half (1/2) the value that you choose to use for MA Period.
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