- Based on two averages
- Indicates the arrangements of two averages
- Draws dots at the intersection of averages
- Ability to show alert
The indicator draws a line, colored accordingly to the moving average breaking from another moving average channel.
To make it more clear: we draw any moving average and we specify an area of +-N points from this average. If the second average leaves this area, then the indicator line will get a blue color for a break up or a red color for a break down. Yellow color is used when the second average stays in the channel area.
In addition, the indicator draws dots for easy visual identification of changes as well as to simplify the EA read procedures.