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Global trading best brokers to enjoy. With this information in hand, one can move to chapter two where the author describes how one works with statistical models to wave ideas trading candidates and identify opportunities in which trading might take place. Intuitively, if there is a straight trend upwards, then the expression (log(N1N2)-log(N3))log(2), where N1 is the difference of highest high and lowest low over the last n2 days and N2 is identical except for the previous n2 days before the last n2 days, and N3 is the same quantity over all n days, will be equal to zero, and thus, the exponent of that would be equal to 1, which is analogous to an EMA of 1 day.

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