Brain trend indicator
Posted: Thu Apr 12, 2018 11:54 amThe 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:
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:
BrainTrend_JS.jsl- (2.58 KiB) Downloaded 526 times