Description

• Plots 3 average lines with the user input Average type and Short, Medium, Long term Avg Bars

Interpretation

If med average is above slow average and

• If Fast Average crosses slow average in the upward direction, long trade can be executed
• If Fast Average crosses slow average in the downward direction, short trade can be executed

Default Parameters Used/Inputs

• Data line
• Average Type
• Short Bars
• Medium Bars
• Long Bars

Returns/Output

Short, medium and long term averages of the instrument based on specified bars

Formula