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Monday, October 29, 2007

Variable Index Dynamic Average (VIDYA)

Overview

Developed by Tushar Chande, the Variable Index Dynamic Average (VIDYA) indicator was described in the March 1992 edition of Stock & Commodities magazine.

Chande's VIDYA is a moving average that automatically adjusts its speed based on market volatility. The absolute value of a 9-period Chande Momentum Oscillator is used for the volatility index.

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