What is this indicator?
A version of a moving average that, by combining two WMAs, tries to improve both reaction speed and chart smoothness at the same time. This makes it popular for spotting trend changes early.
How to read the chart
When the indicator's main line takes on a clear direction, it usually confirms the market's dominant trend in that same direction; crossovers and changes in slope are the main points of focus.
Practical tip
It's best to use this indicator alongside a momentum indicator so that both trend direction and trend strength can be measured.