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a marker to indicate the current trend in a stock can be written as
follows:
buy:Alert(TroughBars(1,L,3)=0,0)
sell:Alert(PeakBars(1,H,3)=0,0)
the way i do it is as follows:
1) i write each formula as an indicator.
2) i use the standard method of plotting a new indicator.(drag & drop)
for each formula.
3) now i will have 2 new windows above the price plot- both showing long
horizontal lines with a spike in some locations.
4) i edit the buy to be in green & then reconfigure it into a histogram
with the next thicker line (to see easier).
5) i edit the sell to be in red & then reconfigure it into a histogram
with the next thicker line (to see easier).
6) i drag the buy into the sell window and close the remaining empty
window.
now i have vertical markers above the price chart indicating the low &
high price points.
(note: in between the vertical lines you will have horizontal dots-
ignore them)
mike
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