{{keywords>alphaheim,metatrader,price,indicators,action,moving,average,tma,indicator}}
{{description>The alphaheim Price Action indicator presents a simple histogram showing the relative position of price against a user defined moving average. Available on MetaTrader 4 and 5.}}


{{htmlmetatags>metatag-robots=(index, follow, max-snippet:-1, max-image-preview:standard, max-video-preview:-1) 
metatag-media-og:image=(:price-action-indicator-overview.png)
metatag-og:image:width=(1126)
metatag-og:image:height=(565)
metatag-og:locale=(en_US)
metatag-og:type=(article)
metatag-og:site_name=(alphaheim)
metatag-og:title=(Price Action Indicator for MetaTrader 4 & 5 [alphaheim User Guide])
metatag-og:description=(The alphaheim Price Action indicator presents a simple histogram showing the relative position of price against a user defined moving average. Available on MetaTrader 4 and 5.)
metatag-og:url=(https://wiki.alphaheim.com/price-action)}}

====== Price Action Indicator ======

===== System Overview =====

{{:price-action-indicator-overview.png?nolink|}}\\

==== Introduction ====
Our price action indicator presents a simple histogram showing the relative position of price against a user defined moving average.\\
\\

When price is above the selected moving average, the histogram will display a bullish bias. Conversely, when price is below the moving average, a bearish bias will be displayed.\\
\\

===== Inputs =====

==== Averaging Period ====
  * The averaging period for the Moving Average.\\
\\

==== Applied Method ====
  * Type of Moving Average applied to the data feed.\\
\\

==== Applied Price ====
  * Type of data input for the Moving Average calculations.\\
\\