Below
Used in combination with
Cross
to specify the direction of the cross.
Below
specifies a downward (greater to a lesser value) direction. The plot of A is defined as having crossed
Below
the plot of B if the value of A is less than the value of B and one of the following is true:
a) The value of A was more than the value of B on the bar immediately preceding the current bar,
or
b) 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 more than the value of B on the bar immediately preceding this sequence of bars.
For more information see
Cross.
Usage
E1 Cross Below E2
or:
Plot1 Cross Below Plot2
Where:
E
- a numerical expression
Example
Trigger an alert on the bar where the Close price crosses below 1350.00:
Plot1(Close);
If Plot1 Cross Below 1350.50 Then
Alert("Price has crossed below 1350.00");