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OmegaTools
Nov 17, 2023 10:51 AM

Double Simple Moving Average 

Apple Inc.NASDAQ

描述

The Double Simple moving average is an indicator developed to help traders identify dynamic levels of support and resistance as well as determine current trend direction.
This indicator shows both an SMA calculated on highs and one calculated on lows. In addition to that, it plots the deviation bands based on the space between the two main lines.

The gradient color between the two main lines can be used to determine the volumetric pressure and confirmation of the current trend.
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