Simple Moving Average Formula (Chart Controls)
The simple moving average formula is takes the average of data over a period of time, and "moves" the period across the data series one data point at a time. This formula smoothes a data series and makes analyzing volatile data easier.
.gif "Sample plot of the simple moving average")
Formula Details
Syntax
Chart.DataManipulator.FinancialFormula(
FinancialFormula.MovingAverage,
"Period",
"Price",
"SMA")
Parameters
This formula takes one required parameter.
- Period
Period for calculating the moving average.
Input Values
This formula takes one input Y value.
- Price
Price for which the moving average is calculated.
Output Value
This formula outputs one Y value.
- SMA
The moving average.
Remarks
The Line chart type is a convenient chart type to display the formula output.
Example
The following example takes input from Series1's second Y value (Series1:Y2) and outputs a 20-day moving average on Series2's first Y value (Series2:Y).
Chart1.DataManipulator.FinancialFormula (FinancialFormula.MovingAverage, "20", "Series1:Y2", "Series2:Y")
Chart1.DataManipulator.FinancialFormula (FinancialFormula.MovingAverage, "20", "Series1:Y2", "Series2:Y");
See Also
Reference
Exponential Moving Average Formula
Triangular Moving Average Formula
Weighted Moving Average Formula
System.Windows.Forms.DataVisualization.Charting
System.Web.UI.DataVisualization.Charting