Above
From MultiCharts
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;