Abbreviation: ExpAvg Crossover Below
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 greater than Y) then 1
Otherwise 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 below another Exponential Moving Average line.