What is Strike Point?

Strike Point (EMA Cross)

Explanation and Usage: Strike Point identifies market entry and exit points based on moving average crossovers. When the smaller moving average crosses above the larger one, it generates a buy signal, and when it crosses below, it generates a sell signal.

Customisation Options: You can choose the moving averages you want to use for the crossover signals. Common pairs include EMA 12-26 and EMA 21-55.

Example Scenarios: Display a chart where a smaller EMA crosses above a larger EMA, leading to a buy signal.