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Anthony,
Interesting !!
Check the lag, it is a bit ziggy, in the composite you did not avoid
March 2001 Low [the same with MACDBEAR] and the bear extra April high
may give the [wrong] impression that the bears are gone. But, as we
know, they were there.
Interesting !!
DT
--- In amibroker@xxxx, Anthony Faragasso <ajf1111@xxxx> wrote:
> Hello Group,
>
> Check out the image file, Green is bullish and Red is bearish,
Could the
> State of the market as a whole and of the specific ticker be any
> Clearer.
>
> The first custom chart after the Main chart is the MACD Bull /
Bear
> composite indicator courtsey of Dmitri, and located in the AFL
library .
>
> The second custom chart is my Ticker specific Bull_Pressure and
> Bear_Pressure indicator and the third custom chart is my Composite
> Bull_Pressure and Bear_Pressure indicator for the whole market. (
> NDX100) was used in this example.
>
> Anthony
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