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When the 50-day moving average pierces the 200-day moving average in either direction, it predicts a substantial shift in buying and selling behavior. The 50-day moving average rising above the 200-day moving average is called a Golden Cross, while the bearish piercing is called a Death Cross.
LOL.
Make sure you send me the 50 EMA when you get your hands on that one.
I was gonna say it but you beat me too it..lol.
the 50 ma was attached to the message before :P http://www.forex-tsd.com/attachment....achmentid=1588
i made the 50 200 which is attached to this message :P
you can set 50 and 200 to any number you want also
i added where the price crosses and then next bar has to close higher for buys and lower for sells. also it will only buy or sell in the same direction as the bigger ma cross.
it may be useful just as an audible alert of a crossing MA but anyways its a nice simple ea project for me to learn on
Hello Group,
Will somebody be able to validate this EA?