A golden cross over occurs when the 50-day moving average crosses and goes higher compared to the 200-day moving average. This signal typically has a high success rate so should be reviewed by every technical trader on a regular basis, for indices, indexes and stocks.
This indicator help clean out all the media's commentary and gives trader a strong overall understanding of the market and what the overall risk level of trades within that market are.
This indicator help clean out all the media's commentary and gives trader a strong overall understanding of the market and what the overall risk level of trades within that market are.
Golden Cross - MetaStock Formula (Indicator Builder)
Mov(C,50,S);Mov(C,200,S)
Bull Market Signal when: 50 day average moves above 200 day average
Bear Market Signal when: 200 day average moves above 50 day average
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