This tool allows you to know at what price a security will touch its moving average today or tomorrow. This may sound simple, but today's action will influence the final value of the average itself, causing it to 'move' during the live session. This is problematic for people trying to use an average to place orders - especially with shorter-term averages. This tool shows the exact point mathematically where the price will equal its average on the current bar and the next bar. This allows you to plan precisely during a live trading session or in the evening for tomorrow's trading session.
The tool works on all time frames for people seeking to use it on intraday or weekly charts.
Acknowledgment Thank you to @JohnMuchow for coding my formulas.
It appears this indicator is actually just showing the prior bars MA as well as the current bars MA, which has no added value IMO. Isn’t it supposed to be forecasting what the next bars MA will be prior to that bar opening?
JiuJitsuTrader
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Great Indicator! However I'm seeing slightly incorrect values when using SMA's however EMA's are spot on
xardas322
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Seam to be stupid (last cross from picture) and I've tested a lot of cross ea's. There is no any worth
JiuJitsuTrader
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@xardas322, The indicator has nothing to do with MA crossover strategies. It's supposed to forecast where a MA will be at the open of the next candle based on the current price.