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Strong Trend Indicator
The indicator finds trendy parts of the price movement and indicates the trend presence by a value in the buffer.
Can be used for flat trading - to disable trading when there is a possibility of price exiting the channel, in which trades are performed.
During trend trading, the indicator can determine areas where the trend can be exhausted or it can slow down.
The indicator can give you a signal when to close or open positions after a side breakout or when you want to trade only in consolidation.