Hi Everyone!

This is a VERY VERY NOOB question.. and YES I know.. I can't believe I am even asking this.. But i am VERY new to trading and even newer to all this code and trading knowledge... I can sell million dollar homes.. but trading has proven to give me a nice challenge... With that being said...

I am trying to figure out how to put an indicator that is a 200 day moving average calculate via close prices.. I currently have a daily chart..and added a SMA.. Where i keep getting hung up is the fact that there is a data entry point that says
Period : 14
and
Maximum bars to look back 256

In order to accomplish this do I set maximum bars to 200? Or Period to 200?
And since your already replying.. Can you possibly explain anything else that I could change on the data entry menu that may give me better insight as to how to trade with a better understanding of where things might go?? THANK YOU

The 'period' defines the lookback period

Thanks for the reply! Does that mean I should put the look back period to 200 or should I just keep it at 14?

mrxdaviepoo 

Thanks for the reply! Does that mean I should put the look back period to 200 or should I just keep it at 14?

if you set it to 200 it will be a 200 period moving average, if you set it to 50 it will be a 50 period moving average etc.

BEAUTIFUL! Thank you so much for your reply.

PS. Beautiful cat!