Welcome, fellow traders! Today, let’s dive into the Figurelli Series Indicator, a powerful tool that calculates multiple moving averages to help you spot trends and potential reversals in the market.
The Figurelli Indicator works by analyzing 36 moving average trends. If you see a value of 36 or -36, it’s a strong signal of either an upward or downward trend. This can be a game-changer when you’re trying to make informed trading decisions.
But wait, there’s more! You have the flexibility to adjust the distance between these moving averages, commonly referred to as the interval. The default setting is 6, but feel free to tweak it to suit your trading style.
Check out the Figurelli Series Indicator in action below:
Happy trading, and may your charts be ever in your favor!
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