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Indicators: ForexLine

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Automated-Trading
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Automated-Trading 2016.04.13 15:22 

ForexLine:

A trend indicator in the form of a moving average that changes color depending on trend direction. The trend direction is determined using a relative position of two smoothed averages, one of which is fast and the other one is slow.


Fig.1. The ForexLine indicator

Fig.1. The ForexLine indicator

Author: Nikolay Kositsin

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