Counts crosses off MAs, it shows % that all MAs are above slower MAs
If MA crosses above another, the indicator rises
If MA crosses under another, the indicator falls
If the indicator rises to 100%, every MA is above MAs with higher period
If the indicator falls to 0%, every MA is under MAs with higher period
You set the maximal MA and the step between the MAs
MAmax = 50 the maximal MA
Step = 5 the step of periods berween MAs
MAavg = 20 period to calculate moving average from MAcrosses
MAmethod = 1
MA moving average method:
0 Simple moving average,
1 Exponential moving average,
2 Smoothed moving average,
3 Linear weighted moving average
ApliedPrice = 0
Price from which calculate MAs
0 Close price.
1 Open price.
2 High price.
3 Low price.
4 Median price, (high+low)/2.
5 Typical price, (high+low+close)/3.
6 Weighted close price, (high+low+close+close)/4.
Can by used as a trend indicator with high values