Three Moving Average Cross Signals with Current-Bar Warnings

Summary

This indicator description explains a signal based on the intersection of three moving averages ordered from fastest to slowest. It separates arrows for crosses that occurred on an earlier bar from “ghost” arrows marking an intersection on the current bar. The current-bar buffers are described as notifying users of the first intersection, and the author suggests scalping as one possible application. Alerts can be delivered visually, by sound, or by email.

The documentation also clarifies its bar indexing convention: index zero refers to the rightmost, current chart bar, and this convention applies to indicator buffers and price and time arrays. The text gives examples of upward crossings and current-bar signals, but supplies no parameter settings, backtest evidence, execution rules, or assessment of profitability. Because current-bar signals may be provisional, the distinction between current and completed bars matters when interpreting or acting on them.

Key ideas

• The indicator identifies intersections among fast, medium, and slow moving averages.
• It uses separate buffers for signals on completed bars and intersections on the current bar.
• Current-bar ghost signals mark the first detected intersection and may be relevant to scalping.
• Alerts can be visual, audible, or sent by email.
• Index zero refers to the rightmost, current bar in the chart data.

Tags

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