What is a Trend(Downs)?

["j seed" <jseed_10@xxxxxxxxxxx>]

All,

Traditionally, we are taught that a trend involves higher highs and higher 
lows for an uptrend. In "Trading for Tigers", Walter Downs states that for 
an uptrend to be in effect todays high must equal the highest high of "n" 
trading sessions and todays close must be greater than yesterdays close.
Questions:
1.Has anyone else read the book?
2.Does anyone have any thoughts on this uptrend definition?
3.Has anyone coded Walters indicators into Metastock?

Thanks,
J.



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