Half Trend
Half Trend is a smoothing technique used to identify the market trend, often used in conjunction with the Super Trend to filter out market noise.
How It Works:
It calculates a moving average that is used as a baseline to identify market trends.
The Half Trend is typically slower than Super Trend, which helps in reducing the impact of minor price fluctuations.
Use Case:
To filter out false signals and smoothen price movements, thus providing clearer buy or sell signals.
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