OPEN-SOURCE SCRIPT
MA Cross 7-21
MA Crossover
Definition
This indicator calculates and plots two moving averages, the MA7 and MA21, and highlights candlesticks where they cross. It indicates when a trend is changing, becoming weaker or stronger, in the short term.
Summary
The Moving Average Crossover indicator sounds simple enough. It measures two moving averages and detects when they cross. The two moving averages measured are the MA7 and MA21. A crossover indicates that the MA7 is now above the MA21, and vice versa. This indicator can be used in conjunction with other moving averages or trend-following indicators to better understand momentum.
Definition
This indicator calculates and plots two moving averages, the MA7 and MA21, and highlights candlesticks where they cross. It indicates when a trend is changing, becoming weaker or stronger, in the short term.
Summary
The Moving Average Crossover indicator sounds simple enough. It measures two moving averages and detects when they cross. The two moving averages measured are the MA7 and MA21. A crossover indicates that the MA7 is now above the MA21, and vice versa. This indicator can be used in conjunction with other moving averages or trend-following indicators to better understand momentum.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
上漲治百病 下跌沒毛病 榮枯相生
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
上漲治百病 下跌沒毛病 榮枯相生
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.