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Moving Average Slope to determine market direction

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Moving Average Slope is a straightforward but also a handy indicator.

By inserting this moving average, it is possible to glance at the direction of the trend.

When the moving average has an increasing angle, it will turn green; vice versa, it will be colored red.

It is a trend indicator; I recommend leaving the period at 20 because it includes the last four trading weeks.


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