Abbreviation: Avg Crossover Above
Category: Crossover & Breakout Identification
Input Parameters:
Name | Range | Default |
Time Series | Close | |
Avg1 Periods | Int >= 1 | 5 |
Avg2 Periods | 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
Otherwise 0
where
X = Avg(Time Series, Avg1 Periods)
Y = Avg(Time Series, Avg2 Periods)
Avg represents Simple Moving Average
Discussion:
Indicates the period when one Simple Moving Average line has just crossed above another Simple Moving Average line.