Abbreviation: CrossBelow
Category: Crossover & Breakout Identification
Input Parameters:
Name | Range | Default |
Time Series #1 | Close | |
Time Series #2 | Close | |
Calculation:
If (Time Series #1 < Time Series #2) and (most recent previous period where Time Series #1 did not equal Time Series #2, Time Series #1 was greater than Time Series #2) then 1
Otherwise 0
Discussion:
Indicates the period when one Time Series line has just crossed below another Time Series Line.