MovAvg3Line Cross LE

MovAvg3Line Cross LE uses three moving average lines. A long entry order is placed on the next bar at open when the fast average is above the medium average, the medium average is above the slow average, and that was not the case on the previous bar.

This signal generates a long entry only. Use MovAvg3Line Cross SE for entering a short position.

Default Inputs

FastLength (4) - number of bars included in calculation of the fast moving average.

MedLength (9) - number of bars included in calculation of the medium moving average.

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