Users can choose separate moving average types, length periods, source prices, and line styling for both the fast and slow lines. The indicator detects bullish crossovers and bearish crossunders between the two moving averages, visually highlighting these crossover events on the chart with customizable background fills or circle shape markers.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
MA type
enum
ma_lib.MaT.sma
fast_type
Source
source
close
fast_src
Len
int
9
fast_len
Color
color
color.new(color.blue,50)
fast_color
Linewidth
int
1
fast_linewidth
MA type
enum
ma_lib.MaT.sma
slow_type
Source
source
close
slow_src
Len
int
16
slow_len
Color
color
color.new(color.orange,50)
slow_color
Linewidth
int
2
slow_linewidth
Highlight type
string
Circle
cross_highlight
Up color
color
color.new(color.green,70)
cross_up_color
Show all 13 settings
Setting
Type
Default
Variable
Down color
color
color.new(color.red,70)
cross_dwn_color
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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