Code 7 is the rear crank position (EZL) sensor, replace it if it has thrown that code. The wire degrades over time and the signal gets less clear to the computer, causing starting issues and random stalls. I had the same thing happen on my 300E...it died in traffic and gave code 7....replaced the sensor....its been 4 months with 0 issues.
There cannot be a "missing" signal from the EZL sensor, the car will not run at all without signal from it.
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