Basic Question About Moving Average
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Hey Guys
I Know Its A Basic Question But I Am Little Confuse About That,
What Is Difference Between (MA 8 Above 18) & (MA 8 Crosses Above 18)
I Mean To Say What Is Difference Between Above & Crosses Above. Please Tell Me Thanks. -
@talalkhan Above is above, but before it's above it crosses, a cross can be used as open is above/below then close is above/below.
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@jstap means cross need a closing of candle? and above means price is above
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@talalkhan I am not sure about candle needs to close, defiantly if candle 1 don't know about 0.
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@talalkhan The admin created two ways of considering MA. The first option is just checking if the value of one of them is above/below the other, regardless of candles values. Only the MA values are considered.
In the 'cross above/below' the block is comparing the values of both MA within the candles segment selected (1 by default). If there was a crossing of both MA then the block is true. As per the previous case, candles are ignored here too.