Cross Above/Below

[gcaptrader]

Hello,
I am little confused about crossover meaning. So, does the cross below (for example on moving averages) actually means cross from below and can be considered as a buy signal and cross above means cross from above so it can be interpreted as sell signal?

Regards

[NinjaTrader_PatrickH]

Hello gcaptrader,

Thank you for your post.

CrossBelow() is when the first series defined crosses below the second series defined, for example if the current price crosses below the 20 period EMA on the last bar: CrossBelow(Close, EMA(20), 1);

CrossAbove() is the opposite of the above, for example is the current price crosses above the 20 period EMA on the last bar: CrossAbove(Close, EMA(20), 1);

For information on CrossBelow() please visit the following link: http://www.ninjatrader.com/support/h...crossbelow.htm

For information on CrossAbove() please visit the following link: http://www.ninjatrader.com/support/h...crossabove.htm

Please let me know if I may be of further assistance.

[gcaptrader]

Ok, tnx. But, just to be sure when this is applied on indicators.
Attached is the picture of ES with MACD, could you please answer my question on picture.

[NinjaTrader_PatrickH]

Hlelo gcaptrader,

Thank you for your post.

That is either CrossAbove(MACD(12, 26, 9).Avg, MACD(12, 26, 9), 1) or CrossBelow(MACD(12, 26, 9), MACD(12, 26, 9).Avg, 1).

Please let me know if I may be of further assistance.

[shanemcdonald]

the picture is of the MACD (macd) plot , which is the green line crossing below MACD(avg), which is the purple line, for a short entry , or sell signal.

If you build a macd crossover in the wizard, you would select the macd plot (green line) on the left side to crossover the macd average (purple line) on the right side of the wizard.

[gcaptrader]

Ok, now it is clear. Thank you guys.