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Classic Chart Indicators and Studies Find descriptions, formulas, parameters, and other help for the indicators and studies used by the Barchart.com Classic Charting application below. When charting any of the studies, the argument coloring is red, green then blue. For example, on a Moving Average chart [9, 18, 40], the 9 day would be the red line, 18 day would be the green line and the 40 day would be the blue line. The argument order is displayed on the chart next to the study name. Moving Average Envelope *A trading band (upper and lower lines) plotted on top of the bar chart at a specified percentage above and below a selected moving average. Moving averages show the average value of a security's price over a period of time. The value is calculated by totaling all the previous closing prices over a time period and dividing them by the number of closing prices (bars) included in that time period.  TOP
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