Moving Average Price-Crossover Alerts with a Point Threshold

Summary

This indicator is designed to alert when market price crosses a moving average. Users set the moving-average length, with 200 periods given as the default, and choose a point-distance threshold that determines when movement across the average counts as a signal. The stated aim is to flag crossings promptly. Audio alerts can be enabled or disabled, and users can specify the sound file to play.

The suggested threshold depends on the chart timeframe: the document recommends roughly 15–20 points for very short charts such as two- or five-minute intervals, and 80 points or more for hourly charts and higher, where a larger distance is intended to reduce noisy signals. These are usage suggestions, not tested parameters or evidence of profitability. The text does not define the precise crossover calculation, specify market or instrument conventions for a point, or discuss false signals, transaction costs, or any backtest results.

Key ideas

• The indicator triggers alerts when price moves across a configurable moving average.
• Users choose both the average length and the point threshold for qualifying crossings.
• The document suggests smaller thresholds on short chart intervals and larger ones on hourly or higher intervals.
• Audio alerts are optional and use a user-selected sound file.
• No backtest or evidence of signal performance is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.