Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 8/12/2005(UTC) Posts: 73
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If you check with each of these indicators they are very similar to whatever formula protected cycle or smoothed indicator you find any blackbox etc program. The reason why because price have very limited variables and most are derivatives of one another and they look alike thus causing people to use the same mathematically based indicator or confirm the same thing.
MACD();
and
TRIX(C,12);
and
RSI(C,50);
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