Traders Laboratory - View Single Post - REQ Help with Trend Indicator
View Single Post
  #30 (permalink)  
Old 12-01-2007, 10:54 AM
jjthetrader's Avatar
jjthetrader jjthetrader is offline
jjthetrader has no status.

 
Join Date: Aug 2007
Location: Canada
Posts: 344
Thanks: 124
Thanked 72 Times in 44 Posts
This member is the original thread starter. Re: REQ Help with Trend Indicator

Blu-Ray, I'm just trying to make your life difficult. But here's another condition for you that will explain some of the white diamond action.
As you can see in the attached pic, point A should be "green" (mine are blue) because it's the 2nd close above the MA. But it closes below the previous bar which keeps the diamonds white. Then point B closes level to A which also keeps it white. If that would have closed up it would have been green.
Then we see Point C is white as well because it closes below the MA after a close above it. But then look at the next bar. It's wide range up and goes straight to green (blue in my case) because of my MA envelope theory.

So did I ruin your weekend thinking about programming this? lol
Attached Images
File Type: jpg white.jpg (22.5 KB, 27 views)

Reply With Quote