Bull Bear Index
Trend, BBI
- What it shows
One line that blends four moving averages of different lengths into a single smoothed trend line.
- How it is built
It is the average of four simple moving averages, short to long, so it reacts less than the shortest and more than the longest.
Default: Set in the Inputs window.
- How traders read it
- Price above the line is read as bullish, below it as bearish.
- Crossings of price and the line mark a change of bias.
- A flat line means a market without a trend.
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