Analysis Techniques & Strategies

MovAvg3Line Cross LE (Strategy)

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Input Information

Name Type Default Description
FastLength Numeric 4 Number of bars used to calculate the fast moving average.
MedLength Numeric 9 Number of bars used to calculate the medium moving average.
SlowLength Numeric 18 Number of bas used to calculate the slow moving average.

Usage

Long entry based on three increasing moving averages.

Description

This strategy incorporates three moving average lines. If the fast average is greater than the medium average, and the medium average is greater than the slow average, and this was not the case on the previous bar, this strategy generates a long entry order for the next bar at open.

Order Name: MA3CrsLE

Related Strategy: MovAvg3Line Cross SE

Related Function(s): AverageFC