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ELA File for HighLow Indicator



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Hi Everyone -

I've had some requests for the ELA file of the indicator that we talked
about yesterday. Some traders evidently have SuperCharts and cannot paste
in.

This indicator is simply a platform to show when another indicator or price
is either making higher highs and higher lows (+1 up), or lower lows and
lower highs (-1 dn), or lower highs and higher lows (0-Neutral). It will
produce a plot or you can get at in internally for other use.

It produces a simple stairstep output that moves from -1 to 0 to +1.  I use
it in multiple time frames to sum into an index for the input of a neural or
system trend.

It's obviously not a stand alone system, just a rough tool to work with.

Good Luck, and again thanks to Bob Fulks who reworked  and debugged it!

Tom Cathey



Attachment Converted: "c:\eudora\attach\Swinghil.ela"