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Indicators: Value Charts

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Automated-Trading
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Automated-Trading 2011.10.18 13:58 

Value Charts:

Value Charts is a detrended price indicator, it shows the overbought and oversold states using the detrended price extremes.

For a nice description, see the "Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile" book Mark Helweg and David Stendahl, this book is very good.

Value Charts indicator

Author: FxGeek

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