Abbreviation: ExpAvg Crossover Above
Category: Crossover & Breakout Identification
Input Parameters:
Name | Range | Default |
Time Series | Close | |
ExpAvg1 Periods | Int >= 1 | 5 |
ExpAvg2Periods | Int >= 1 | 10 |
Calculation:
If (X > Y) and (most recent previous period where X did not equal Y, X was less than Y) then 1
Oherwise 0
where
X = ExpAvg(Time Series, ExpAvg1 Periods)
Y = ExpAvg(Time Series, ExpAvg2 Periods)
ExpAvg represents Exponential Moving Average
Discussion:
Indicates the period when one Exponential Moving Average line has just crossed above another Exponential Moving Average line.