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Dimitris Tsokakis
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<DIV><FONT size=2>Since ADX or VHF do not specify the kind of the trend,
a</FONT></DIV>
<DIV><FONT size=2>first attempt was made for a directional indicator which
gives</FONT></DIV>
<DIV><FONT size=2>more details about trading (congestion) phase or
trending</FONT></DIV>
<DIV><FONT size=2>(bullish or bearish) one. </FONT></DIV>
<DIV><FONT size=2>Formulas are in the AFL Library.</FONT></DIV>
<DIV><FONT size=2>Graphs are not bad, improvements must follow.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Dimitris Tsokakis</FONT></DIV></BODY></HTML>
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