Abbreviation: LinWgtAvg Crossover Below
Category: Crossover & Breakout Identification
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| LinWgtAvg1 Periods | Int >= 1 | 5 |
| LinWgtAvg2 Periods | 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 = LinWgtAvg(Time Series, LinWgtAvg1 Periods)
Y = LinWgtAvg(Time Series, LinWgtAvg2 Periods)
LinWgtAvg represents Linearly Weighted Moving Average
Discussion:
Indicates the period when one Linearly Weighted Moving Average line has just crossed below another Linearly Weighted Moving Average line.