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MovAvg2Line Cross SE

From MultiCharts
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MovAvg2Line Cross SE places a short entry order on the next bar at open when the fast moving average crosses below the slow moving average.

This signal generates a short entry only. Use MovAvg2Line Cross LE for entering a long position.

Default Inputs

Price (Close) - price value used in calculation of the moving average.

FastLength (9) - number of bars included in calculation of the fast moving average.

SlowLength (18) - number of bars included in calculation of the slow moving average.