MACross version 1.0 - written by dynoweb
This indicator can be used to create a watch list and to let you know when it might be time to enter a position. Getting confirmation in the short, medium and long timeframes also gives you more confidence on the current direction.
This indicator uses a slow SMA and a faster EMA and plots those on a chart based on the time frame setting. There are three settings, Slow, Medium and Fast timeframes. Data exposed in this indicator can be used in a strategy or on a Market Analyzer. The values exposed are the number of periods back the last cross occurred and the direction of the cross. 1 indicates a cross above and the -1 indicates a cross below.
The EMA and SMA included indicators are just the standard Ninja indicators.
Category The Elite Circle
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