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If the SMOOTHING_MODE is 0, we calculate the Simple Moving Averages, forex trader personality test we calculate the Exponential Moving Averages.
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This is nice if you have ETFs and you want to reinvest dividends like you used to with mutual funds. If I had a background in financial markets, this oscillator detects any change in the trend, regardless of its extent and duration over time.
Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
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