IFXAnalyser - � VertexFX Indicator

[NCDindia]

IFXAnalyser is an innovative VertexFX client side VTL indicator used to determine the strength of the trend using a fast and slow Simple Moving Average.
We calculate the fast and slow Simple Moving Averages over the FAST_MA_PERIOD and SLOW_MA_PERIOD respectively. This indicator has three components
BLUE - This is the difference between the fast and the slow Simple Moving Averages.
RED - The the difference between the previous fast and slow Moving Average is subtracted from the difference between the current fast and slow Simple Moving Averages (BLUE).
GREEN - The difference between the fast and slow Simple Moving Averages is subtracted from the RED (which is the difference between the previous fast and slow Moving Averages is subtracted from the difference between the current fast and slow Simple Moving Averages).
When a strong trend begins, the BLUE line starts moving upwards in up trends or downwards in down trends.
Prices tend to top-out when the BLUE line tops out, the GREEN line bottoms out, and the RED line is between the GREEN and BLUE lines.
Prices tend to bottom-out when the BLUE line bottoms out, the GREEN line tops out, and the RED line is between the GREEN and BLUE lines.


BUY / SELL - This indicator does not provide BUY or SELL signals. It only provides the strength of the trend. See description of determining intermediate market tops