Theory:
If you're looking to enhance your trading strategy, the Double Smoothed EMA is a must-know indicator. This latest version takes things up a notch by introducing floating levels. With these floating levels, you have the flexibility to customize your trading signals based on:
- Crossing outer levels (default)
- Crossing the middle level
- Changes in slope
Usage:
The color changes serve as vital signals in your trading. Keep an eye out for these shifts to make informed decisions.
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