Fan moving averages
The most of the traders use moving averages in their work. A trader can face a question while using it: what is the period of moving average to use? If the average is moving with a small period – it will be too sensitive. If the period is large, the signals will occur with a delay. The "Fan moving averages" indicator has several averages with different periods. If the trend on the market weakens, the fan lines are getting compressed. If the trend is amplified – the fan of moving averages is expanded. The stronger the fan disclosed the stronger is the trend.