[Frank]

Auction Trend is a breakthrough achievment in Market Profile history I first developed in 1978............ uh, just kidding: 'Auction Trend' is a random name I gave to my indicator. Didn't know what to call it and spent a good 8 seconds thinking about it before I decided on that.

I defined the indicator in the above post -- here is the EasyLanguage code. it is nothing special and should be used in context with many other indicators.


value1=(vwap_h+c)/2;

value2=value1-average(c,40)[1];

plot1(value2,"value2");
plot2(5,"5");
plot3(-5,"-5");


if value2>=0 then
setplotcolor(1,green)
else
setplotcolor(1,red);