Mov Avg Exponential Crossover (PaintBar)
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Input Information
| Name | Expression | Default | Description |
| FastPrice | Numeric | Close | Price used to calculate the 'fast' average. |
| SlowPrice | Numeric | Close | Price used to calculate the 'slow' average |
| FastLength | Numeric | 9 | Number of bars used to calculate the 'fast' average. |
| SlowLength | Numeric | 18 | Number of bars used to calculate the 'slow' average. |
| UpColor | Numeric | Cyan | Bar color when the fast average crosses over the slow average. |
| DnColor | Numeric | Yellow | Bar color when the fast average crosses under the slow average. |
Description
The Mov Avg Exponential Crossover PaintBar study calculates a fast and slow exponential moving average and paints the bars depending on the relative position of the averages. It paints a bar cyan where the fast exponential moving average crosses over the slow exponential moving average, indicating an up trend, or bullish period. It paints a bar yellow where the fast moving average crosses under the slow moving average, which indicates a down trend, or bearish period.
This PaintBar study contains alert criteria; when you enable the alert, an alert is triggered each time the averages cross (indicating that the market is changing from bullish to bearish or vice versa). For more information regarding the EasyLanguage colors available, see EasyLanguage Colors and Their Corresponding Numeric Values.