Flat/Trend Signal
Posted: Mon Aug 23, 2010 5:33 amThe indicator formula is
if SignalMACD<MACD and MACD>0 then indicator show up trend,
if SignalMACD>MACD and MACD<0 then indicator show down trend
else indicator show neutral.
FlatTrendSignal.lua- (3.41 KiB) Downloaded 1376 times
To work this signal does not need to have external indicators.