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PureBytes Links
Trading Reference Links
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For an introductory note, you may read
http://www.amibroker.com/newsletter/12-2001.html
for Trending or Trading, see at
http://www.amibroker.com/library/detail.php?id=71
for Market Direction, see at
http://www.amibroker.com/library/detail.php?id=80
and many mails of this list on these subjects.
Dimitris Tsokakis
--- In amibroker@xxxx, bbj@xxxx wrote:
> --- In amibroker@xxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx> wrote:
> > Far from nebulous aphorisms, technically speaking for the
> > near future, in Nasdaq 100 group the Trending or Trading
> > indicator has reached at 99%, (the only exception is WCOM
> > with its premature rally) and stays there the last 3 days.
> > Past history indicates that the indicator will not remain at this
> > extreme value. A congestion is ready to begin.
> > In Market Direction graph, congestive phase (yellow line) is
> > increasing the last 3 days. Bears (red line) are still sleeping.
> > Dimitris Tsokakis
>
> Hi,
> I am interested in this indicator. Could you post the formula?
>
> Thanks a lot.
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