Home | Trading Alchemy Manual | Alchemy Functions IndexAlchemy2LineCross (Function)Alchemy2LineCross is a multiple-output function that returns different values based on the relation between 2 lines. The value of the slow line is passed by reference back to the variable oEntryLimit when the function returns 2 or -2. The function returns 1 when the fast line crosses over the slow line by less than the distance as specified by the input Min Pen. The function returns 2 when the fast line crosses over the slow line by a minimum distance as specified by the input Min Pen. The function returns 3 when the fast line has crossed over the slow line by a minimum distance as specified by the input Min Pen and price retraced back down to the slow line. The function returns -1 when the fast line crosses under the slow line by less than the distance as specified by the input Min Pen. The function returns -2 when the fast line crosses under the slow line by a minimum distance as specified by the input Min Pen. The function returns -3 when the fast line has crossed under the slow line by a minimum distance as specified by the input Min Pen and price retraced back up to the slow line. Alchemy2LineCross (FastAvg,SlowAvg,MinPen,oEntryLimit) Parameters
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FastAvg |
Specifies the average for the fast line. |
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SlowAvg |
Specifies the average for the slow line. |
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MinPen |
Specifies the minimum required distance for the fast line to cross through the slow line in order to return a cross value of 2 or -2. |
| oEntryLimit | Returns the value of the slow line when the function returns 2 or -2. |
ReturnsAlchemy2LineCross returns 1 when the fast line crosses over the slow line by less than the distance as specified by the input Min Pen. The function returns 2 when the fast line crosses over the slow line by a minimum distance as specified by the input Min Pen. The function returns 3 when the fast line has crossed over the slow line by a minimum distance as specified by the input Min Pen and price retraced back down to the slow line. The function returns -1 when the fast line crosses under the slow line by less than the distance as specified by the input Min Pen. The function returns -2 when the fast line crosses under the slow line by a minimum distance as specified by the input Min Pen. The function returns -3 when the fast line has crossed under the slow line by a minimum distance as specified by the input Min Pen and price retraced back up to the slow line. Home | Trading Alchemy Manual | Alchemy Functions Index |