EMA7 Cross SMA200

Last Updated: Mon, 18 Nov 2019 17:17:29

The purpose of this screener is to detect a crossing of two (2) Simple MAs in determining market trend direction.

SMA (7) represents the emotions of a trader with a super aggresive view of the price movements, while SMA (200) represents the emotions of an investor with a passive view of the price movements.

When both emotions cross, it would embody the direction of the trend.

Contributor: Bali Bobom.

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