Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=3605
Forum: 17 · Topic 3605 · 3 post(s)
Alexander.Gettinger · 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
Alexander.Gettinger · Sun Mar 06, 2011 10:59 pm
Strategy based on this indicator: viewtopic.php?f=31&t=3606
Apprentice · Fri Feb 17, 2017 10:52 am
Indicator was revised and updated.