MovAvg3Line Cross SE

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

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