The death cross and the golden cross are technical indicators that traders use in attempt to predict bearish and bullish market momentum respectively. Both are breakout patterns formed when a short-term moving average either crosses above (in the case of a golden cross) or crosses below (in the case of a death cross) a long-term moving average.
The two technical indicators both have three distinct phases. In the death cross the first phase coincides with an upward trend coming to an end as buying interest dies out. However the golden cross involves a downward trend dying out as selling interest deteriorates and then ceases to exist.
In the second phase a breakout and new trend emerge as the short-term moving average crosses over the long-term moving average. While the shorter average surpasses the longer one in a golden cross a death cross observes the exact opposite.
During the third phase the newly formed trend can become more prolonged resulting in either sustained gains because of a golden cross or continued losses following a death cross. The long-term moving average can serve as resistance for a death cross or support for a golden cross.
For Easy EMA Cross we are sticking with the classic 50-period and 200-period rule as these are common moving averages used by traders.
If you wish to customise the settings kindly check out the Easy Alerts+ app.
Easy Alerts+ https//play.google.com/store/apps/details?id=com.easy.alerts
Easy EMA Cross provides a comprehensive dashboard that allows you to view the formation of Golden/Death Crosses on multiple instruments across 6 timeframes (M5 M15 M30 H1 H4 D1) at one glance. In this way you do not miss out any trading opportunities even on the go.
☆ Timely display of Golden/Death Crosses on multiple instruments (Forex Commodities and Cryptocurrencies) across 6 timeframes (M5 M15 and M30 are only available for subscribers on the watch list)
☆ Timely push notification alert when Golden/Death Crosses when they are formed on your favourite instruments on your watch list
☆ Display headline news of your favourite instruments
☆ Economic Calendar of upcoming events
Easy Indicators relies on your support to fund its development and server costs. If you like our apps and wish to support us kindly consider subscribing to Easy EMA Crosses Premium. This subscription removes all advertisements within the app allows you to view all timeframes (including M5 M15 M30) commodities and cryptocurrencies.
To learn more about us and our products please visit http//www.easyindicators.com .
All feedback and suggestions are welcome. You can reach us via email (firstname.lastname@example.org) or the contact feature within the app.
Join our facebook fan page.
Follow us on Twitter (@EasyIndicators)
EasyIndicators has taken great measures to ensure the accuracy and timeliness of the information in the application however does not guarantee its accuracy and timeliness and will not accept liability for any loss or damage including without limitation to any loss of profit which may arise directly or indirectly from the use of or reliance on such information inability to access the information for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this application.
The Application Provider (EasyIndicators) reserves the rights to stop the service without any advance notification.