mean
Statistical Mean (same as SMA)
mean(source, period)
Parameters
| Name | Type | Description |
|---|---|---|
source |
source | Data series to calculate mean of |
period |
int | Number of periods for averaging |
Formula
```
Mean = Σ(field) / period
```
Examples
// price above 20-period mean
close > mean(close, 20);
// volume above 50-period average
volume > mean(volume, 50);
Returns
Arithmetic mean value ## Notes - Functionally identical to SMA - Provided for statistical clarity