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i am observing an indicator from days
the formula for which is as follows
atan(ref(low,-67),high)-1
you can give the average of 34 for the anove indicator
67 can be replaced by any other indicator dividing number of trading hours
by five on five min chart
overbought and over sold conditions can be set
levels to observe are .5 .648 .382 0 -05 -.648 .-382 +1 -1
if one level is crossed you can observed other levels are crossed
you can wath this with 34 moving average of price
feedback appreciated
krishnapvm
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