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Category: Average Based
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Sales and Support: 022 - 4091 8900
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Study Name -
Expected Cross Over Level-EMA
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Description
- Expected cross over level determines the places where cross-over of exponential moving average occurs at the bars
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Interpretation
- Upward cross over is positive and buy signals are generated
- Downward cross over is negative and sell signals are generated
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Default Parameters Used/Inputs
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Returns/Output
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EMA of the instrument based on specified bars
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Formula
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For an input line value I[X] at X, Expected Cross Over level EMA over a range R=1 is calculated as follows:
Bars = I[X-1]+(I[X]-I[X-1])*fFactor;
where, fFactor=2/(1+Bars).
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Sales and Support: 022 - 4091 8900
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