1,501
edits
(Created page with "Used in combination with <syntaxhighlight>Cross</syntaxhighlight> to specify the direction of the cross. <syntaxhighlight>Below</syntaxhighlight> specifies a downward (greate...") |
|||
(6 intermediate revisions by 3 users not shown) | |||
Line 1: | Line 1: | ||
Used in combination with | Used in combination with [[Cross]] to specify the direction of the cross. '''Below''' specifies a downward (greater to a lesser value) direction. | ||
== Usage == | |||
<syntaxhighlight>Plot1 Cross Below Plot2</syntaxhighlight> | |||
or | |||
<syntaxhighlight>E1 Cross Below E2</syntaxhighlight> | |||
Where: | |||
:'''E''' - a numerical expression. | |||
== | == Notes == | ||
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: | |||
*The value of A was more than the value of B on the bar immediately preceding the current bar, | |||
or | |||
*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]]. | |||
== Examples == | |||
Trigger an alert on the bar where the Close price crosses below 1350.00: | |||
<syntaxhighlight>Plot1(Close); | |||
If Plot1 Cross Below 1350.50 Then | If Plot1 Cross Below 1350.50 Then | ||
Alert("Price has crossed below 1350.00");</syntaxhighlight> | Alert("Price has crossed below 1350.00");</syntaxhighlight> | ||
To open a short position if a 5-period moving average crosses below a 10-period moving average: | |||
<syntaxhighlight> | |||
If (Average(Close, 5) cross below Average(Close, 10)) then | |||
SellShort ("ES") 1 contracts next bar at Market; | |||
</syntaxhighlight> | |||
[[Category:Comparisons and Loops]] | [[Category:Comparisons and Loops]] |