Home » Indicator Library » Multi Point Statistics » Moving Mean TPO

Moving Mean TPO

Whereas a simple moving average (SMA) typically only reference the arithmetic mean of the last N bar closes, this indicator allows you to reference the entire price range of the bar, i.e. the time price opportunities (TPO).

Indicator Description

We thereby arrive at the Moving Mean TPO, referencing each price point of the bars in the lookback period according to the arithmetic mean calculation.

The Moving Mean TPO is available for NinjaTrader 8 and the library also features the Moving Mode TPO, Moving Median TPO, Moving Mode VWTPO, Moving Mean VWTPO and the Moving Median VWTPO.

Multi Point Statistics

<< Categories

Futures, stocks, and spot currency trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

This website is intended for educational and informational purposes only and should not be viewed as a solicitation or recommendation of any product, service or trading strategy. No offer or solicitation to buy or sell securities, securities derivative or futures products of any kind, or any type of trading or investment advice, recommendation or strategy, is made, given, or in any manner endorsed by LizardIndicators and the information made available on this website is not an offer or solicitation of any kind.

Indicator Description

Disclaimer