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Consecutive Closes Above/Below 3 SMA with Z-Score Bands

A simple indicator that measures consecutive closes above & below the 3-period simple moving average. An upper and lower Z-score has been calculated to indicate where the 4 standard deviations of the last 60 bars sits.

Useful for identifying directional runs in price.
Moving AveragesOscillatorsstatistics

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Quant / Discretionary
Reversion / Momentum
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