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Indicators: ADXVMA

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Automated-Trading
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Automated-Trading  

ADXVMA:

ADXVMA is one new sort of a Moving Average.

It uses modified ADX calculation for adapting Moving Average calculation. The process of adapting is so efficient that it filters out a lot of noise out of the market and produces longer periods of smooth values. That makes it useful for trending mode and for support / resistance usage too.

Author: Mladen Rakic

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