Abbreviation: Avg Crossover Below
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 greater 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 below another Simple Moving Average line.