Buy Signal: When all the mcx copper short-term Exponential Moving Averages (EMA) crosses the long-term Exponential Moving Averages (EMA) from below, signals for a uptrend.
SELL Signal: When all the mcx copper short-term Exponential Moving Averages (EMA) cross the long-term Exponential Moving Averages (EMA) from above, signals for a downtrend.
Trend Strength: Another application of Guppy multiple moving average system is to analyze the strength of the current trend in copper. If the EMA lines of short term and long term moving averages are wide separated by a uniform distance then the trend in copper is seen as stable. If there's no wide separation, then the prevailing trend is weak and vulnerable.
Additional Filter RSI (14) : [Increases Accuracy Level]
Buy opportunity is signaled in copper when the RSI moves above 30 level after being below it .
Sell opportunity is signaled in copper when then RSI drops below 70 after being above it.
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