Buy Signal: When all the mcx nickel 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 nickel 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 nickel. If the EMA lines of short term and long term moving averages are wide separated by a uniform distance then the trend in nickel is seen as stable. If there's no wide separation, then the prevailing trend is weak and vulnerable.
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