Brain trend indicator
Posted: Sun Mar 06, 2011 10:53 pm
Indicator show up/down trends.
Formulas:
for DOWN trend must be:
Stochastic K<[Stochastic Level] and ABS(Close[i]-Close[i-Shift])>ATR/Range
for UP trend must be:
Stochastic K>1-[Stochastic Level] and ABS(Close[i]-Close[i-Shift])>ATR/Range
Download:
The indicator was revised and updated
Formulas:
for DOWN trend must be:
Stochastic K<[Stochastic Level] and ABS(Close[i]-Close[i-Shift])>ATR/Range
for UP trend must be:
Stochastic K>1-[Stochastic Level] and ABS(Close[i]-Close[i-Shift])>ATR/Range
Download:
The indicator was revised and updated