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Product Description
If you are a trader who likes to trade with moving averages or crossovers, or you are just looking for a simple-to-use indicator, Open Close Crossover is the perfect choice.
You no longer need to waste time adding multiple indicators to find the moving averages of close and open prices, as the simple Open Close Crossover indicator does it all for you.
Plus, here are some extra benefits to add this indicator to your chart.
We've color-coded the plot and the background to give you an easy visualization of the trend moves:
- When the plot and background turn blue, it indicates an uptrend.
- When the plot and background turn pink, it indicates a downtrend.
Plus, you can adjust the parameters to suit your trading style:
- Smoothing: Period: When you adjust this parameter, it will make the plot smoother with reduced noise.
- Crossover offset (Ticks): This parameter defines the distance (in ticks) between the plots of open and close prices to generate trend signals:
- For an uptrend signal, the plot of the average closing prices must cross above the plot of the average opening prices, and the distance between the 2 plots must meet the pre-defined number of ticks.
- For a downtrend signal, the plot of the average closing prices must cross below the plot of the average opening prices, and the distance between the 2 plots must meet the pre-defined number of ticks.
In addition, the moving averages act as levels of dynamic support/resistance, providing flexible and timely indications of potential price reversals or continuations.
With Open Close Crossover, you can streamline your trading process and improve signal reliability, making it easier to understand and navigate market trends.
Dedicated NinjaScript Signals
- Signal_Trend: 1 = uptrend, -1 = downtrend
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From Happy Customers
by M.
Indicators Improved My Charts. Hannah's Help And Great Customer Service. Will Buy Again.
I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.
by Bartosz
Grace Goes Above And Beyond: A Customer Support Experience That Exceeds Expectations!
Thank You, Grace! Your support is extraordinary I wish all companies have such great support. Keep going I’m 200% satisfied.
by Kari L.
ConnorsRSI Pro With Grace's Outstanding Customer Service
Thank you very much for your excellent customer service, Grace! You are doing an excellent job making customers' lives much easier.
by T.
An Exemplary Customer Experience At NinZa.Co: Unveiling The Power Of Cumulative Delta
I'm a new customer with ninZa.co and i was needing help today in making a purchase. I made a request on your chat platform and Hannah came to my rescue. She helped me find the what I needed and even offered me a discount. Everything went very smoothly from that point. I made the purchase and she even provided me some documentation on the indicator. I am very pleased with her assistance. Thanks again Hannah for your excellent customer service !!
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Software Changelog
10 Jun 2024
The indicator was released (built new).
