MovAvg Cross LX

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MovAvg Cross LX generates a long exit order on the next bar at open when the price crosses below the moving average of the price over the number of most recent bars specified in Length input.

This signal generates only long exit orders. Use MovAvg Cross SX for exiting from a short position.

Default Inputs

Price (Close) - price value used in calculation of the moving average.

Length (9) - number of bars used to calculate the moving average.