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Importance of Haurlan Index - Money Classic Research

Trading involves many risks and therefore traders implement many technical indicators and oscillators to find the accurate intraday cash tips. P.N.Haurlan developed this technical indicator and named it after him. This technical indicator is generally implemented to detect the breadth of the market. Usually, Haurlan has three major components for three different terms. For short term, net NYSE advances over declines are taken for 3-day exponential moving average. For intermediate term, net NYSE advances over declines are taken for 10-day exponential moving average. For long term, net NYSE advances over declines are taken for 200-day exponential moving average. These three components are used to determine different movements and to detect whether it is momentum, breakouts, or resistance.

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Uploaded on June 6, 2016
Taken on June 6, 2016