It is very important to understand the limitations of the CMA_Hist indicator.
The attached sequence of pictures is of a 15 minute bar chart of the ES in which the analysis period is moved along a couple of days at a time.
In this you will see that when things are drastically changing then the projections are drastically in error -- AND THEREFORE MAY BE OF GREAT USE IN KNOWING WHAT IS GOING ON IN THE MARKET AT THAT TIME.
Just because the projection falls apart at that time in no way reduces the value of the projection.
Now if you recall that these projections are being done on every bar and continuously adjust as the data is changing then it is possible to imagine the real value of this indicator.
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