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Indicators: Index Moving Average

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Automated-Trading
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Automated-Trading  

Index Moving Average:

The indicator shows the rate of change of simple moving average.

The direction of the indicator is the same with direction of daily bars. The local extremums of the indicator corresponds to the reverse points of the local trend. The indicator is advancing, it shows the rate of the price change and proposed price reverse.

Author: mvv444

Index Moving Average

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