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The Indigo trend indicator is based on:
- analysis of short-term and long-term periods, set in the parameters,
- and also their changes relative to each other
Values greater than zero indicate a bullish trend on the market, values below zero mean a bearish trend. Values close to zero indicate the absence of a trend, that is, a flat.
Parameters
- SlowPeriod - period for a long-term trend
- FastPeriod - period for a short-term trend