The Trend Periods study is a trend-analyzing technical indicator. It determines the algebraic sign of the difference between two EMAs of Close price: fast and slow ones. This study returns -1 if the difference is negative, +1 if positive, and 0 if the difference is zero.
The -1 sections can be interpreted as downtrend, and +1 sections might signify downtrend.
||The number of bars used in calculation of fast EMA.|
||The number of bars used in calculation of slow EMA.|
||The Trend Periods plot.|
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.