MovAvg Cross SE
Revision as of 14:33, 15 September 2021 by Tammy Multicharts (talk | contribs) (Created page with "MovAvg Cross SE places a short entry order on the next bar at open when the price crosses below the moving average and remains below it for a consecutive number of bars. Pric...")
MovAvg Cross SE places a short entry order on the next bar at open when the price crosses below the moving average and remains below it for a consecutive number of bars.
Price and Length inputs for calculating the moving average may be changed, as well as the number of consecutive bars the price must be above the average. When the input ConfirmBars is set to 1, the long entry order is generated immediately upon the crossover.
Default Inputs
Price (Close) - price value used in calculation of the moving average.
Length (9) - number of bars used to calculate the moving average.
ConfirmBars (1) - number of consecutive bars with the price less than the moving average.
