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Dow 5 *
This indicator show if the market is Choppy, Bullish or bearish calculated by Dow Theory.

- If you have Higher highs and Higher lows --> Bullish
- if you have Lower Highs and Lower Lows --> Bearish
- Otherwise --> Choppy

Indicator draw two lines for easy visualisation.

Period tell us how many bars I take to know when I have a higher high

Exported using NT Version 7.0.0.23


Category NinjaTrader 7 Indicators 
 
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Details: Dow
Category: NinjaTrader 7 Indicators 


December 2nd, 2010
Size: 5.97 KB
Downloaded: 976 times

Keywords: dow theory higher highs lower lows
 


 
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