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The “Indigo” trend indicator is based on:

  • based on the analysis of short-term and long-term periods, which are set in the parameters,
  • and also their changes relative to each other

Readings of the indicator greater than zero indicate a bullish trend in the market, less than zero – a bearish one. Values close to zero indicate the absence of a trend, i.e. a flat.

  • SlowPeriod – the desired period for a long-term trend
  • FastPeriod – the desired period for a short-term trend
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