Ken's Moving Averages

WebEx Study presentation, Starting at 56 Minutes into the presentation (link)

Plots two Exponential Moving Averages against each other.

When the line changes from a Red to a Green that indicates Ready for a buy trigger. Since the market is going up.

If the line changes from a Green to a Red the market is going down.

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#

# Hodorific Enterprises, inc. (c) 2009

#

# Plots 2 Exponential Moving Averages against each other.

# When the line changes from a Red to a Green that indicates

# Ready for a buy trigger. Since the market is going up. If

# the line changes from a Green to a Red the market is going

# down.

#

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input fastLength = 20;

input slowLength = 30;

def price = close;

def FastSignal = ExpAverage(price,fastLength);

def SlowSignal = ExpAverage (price,slowLength);

plot fastAvg = FastSignal;

fastAvg.AssignValueColor(if FastSignal>=SlowSignal then Color.UPTICK else Color.DOWNTICK);

plot slowAvg = SlowSignal;

slowAvg.SetDefaultColor(GetColor(4));

slowAvg.Hide();