Golden Cross (Indicator)

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Input Information

Name Expression Default Description
Price Numeric Close Value used in calculating the moving averages.
FastLength Numeric 5 Bars used for the fast (shorter) moving average.
SlowLength Numeric 25 Bars used for the slow (longer) moving average.
AlertIfRecent Numeric 1 When 1, trigger an alert if a golden cross occurs over the specified number of bars (see next input).
AlertIfBarsSinceCrossLessThan Numeric 1 Bars used to determine is a golden cross occurred fewer than N bars ago.
AlertIfImminent Numeric 1 When 1, trigger an alert if the fast moving average is below the slow moving average by a specified percentage (see next input).
ImminentPercentageMax Numeric 3 Percent used to determine if the difference between the two moving averages indicates an imminent cross.
PlotPrice Numeric MedianPrice The price location on a bar at which the marker (dot) is plotted when a golden cross occurs.
ColorCellBGOnAlert TrueFalse True True to change the background color of a RS cell when an alert occurs. False to leave the cell background color unchanged.
BackgroundColorAlertCell Numeric DarkGray The color of the RS cell background to use with the above input.

Market Synopsis

The Golden Cross indicator marks each bar where the short (fast) moving average crosses above the long (slow) moving average. This is typically used to identify the beginning of a bullish trend. May also be combined with a high trade volume to confirm the strength of the trend. It is available for Chart Analysis and RadarScreen.

Plot Information

Number Name Default Color Description
Plot1 G-Crs Magenta Plots a marker on a bar when the fast moving average crosses over the slow moving average. In RadarScreen, this plot is the number of bars ago that the cross occurred.
Plot2 G-CrsTime Cyan Plots the bar time stamp (as a string) when an alert occurs for the bar where the last cross occurred.

When applied to a chart, this indicator plots a dot on the specified price point on each bar where a Golden Cross occurs.