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Above

From MultiCharts
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Used in combination with Cross to specify the direction of the cross. Above specifies an upward (lesser to a greater value) direction.

Usage

Plot1 Cross Above Plot2

or:

E1 Cross Above E2

Where:

E - a numerical expression.

Notes

The plot of A is defined as having crossed Above the plot of B if the value of A is greater than the value of B and one of the following is true:

  • The value of A was less than the value of B on the bar immediately preceding the current bar

or

  • The values of A and B were equal for a consecutive sequence of one or more bars immediately preceding the current bar and the value of A was less than the value of B on the bar immediately preceding this sequence of bars.

For more information see Cross.

Examples

Trigger an alert on the bar where the Close price crosses above 1350.00:

Plot1(Close); 

If Plot1 Cross Above 1350.50 Then 
   Alert("Price has crossed above 1350.00");

To open a long position if a 5-period moving average crosses above a 10-period moving average:

if (Average(Close, 5) cross above Average(Close, 10)) then
	Buy ("EL") 1 contracts next bar at market;