I wanted to add a word about XARD's latest update, i.e. V.32. I don't think SMA 200 would be a good choice of deciding whether the trend is up or down... I don't have any opinion regarding the 42 moving average, but I do consider the 200sma as a bad choice..... I put the 200sma from H4 down to M5 in mtf mode on quite a few charts to see whether it truly is a universal indicator of up and down trend while price being above/below the average respectively.... That was a sweeping statement from XARD which I don't see being supported from Chart analysis.... I failed to see any consistent picture of the trend..... Now don't kill me for giving my opinion.... But this is how I see it. If you see something different, you are fully entitled to your opinion.... US30 and Gold charts for your observation...
P.S. The charts are timeframe independent because same moving average is equally visible on all timeframes....both higher and lower....