Description
Moving Average Crossover is a study which helps you find crossovers of moving averages of different types and lengths. The following moving averages can be used: simple, exponential, weighted, Wilder's, or Hull.
The general idea of moving average-based analysis is combining two moving averages with different lengths: short and long. It is considered a Buy signal when the short average crosses above the long one; Sell signal, if the long average surpasses the short one.
Input Parameters
| Parameter | Description |
|---|---|
price
|
The price used in calculation. |
length1
|
The number of bars used in calculation of the first moving average. |
length2
|
The number of bars used in calculation of the second moving average. |
average type1
|
The type of the first moving average: simple, exponential, weighted, Wilder's, or Hull. |
average type2
|
The type of the second moving average: simple, exponential, weighted, Wilder's, or Hull. |
crossing type
|
Defines whether to display a signal when the first moving average crosses above or below the second one. |
Plots
| Plot | Description |
|---|---|
signal
|
The Moving Average Crossover signals. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.