Close Average < Open Average
Abbreviation: CloseAvg<OpenAvg
Category: Crossover & Breakout Identification
Input Parameters:
| Name | Range | Default |
| Opening Price | Open | |
| Closing Price | Close | |
| Avg Periods | Int >= 1 | 5 |
Calculation:
if (Avg(Closing Price, Avg Periods) < Avg(Open, Avg Periods)) then 1
Otherwise 0
where
Avg represents Simple Moving Average
Discussion:
Indicates periods for which the closing average is less than the opening average.