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Marky's LTI

1 672
This indicator uses a combination of normalized Bollinger Bands and Z-scores to detect trend strength and direction. It calculates the difference between the price and a moving average, scaling it by volatility and statistical significance. These two values are smoothed, combined, and then normalized to a -1 to 1 range, where values closer to 1 indicate a strong positive trend, and values closer to -1 indicate a strong negative trend.
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