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Ray

Indicator for market analysis by the methods described the "Trading For A Living" book. The indicator takes the slope of the exponential moving average (EMA) older time period for the main direction of market entry and defines the entry point.

Parameters

  • ShowLine—Displays the exponential moving average (EMA) older time period.
  • Length1—Number of bars for the calculation of the first function.
  • Length2—Number of bars for the calculation of the second function.
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