DYO: Lower High in an uptrend, and Higher Low in a downtrend
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Q: How would I find a Lower High in an uptrend, and a Higher Low in a downtrend using a DYO?
A:
Template: 1219-Trends
The Auto Trend tool is on the chart to determine the uptrend and the downtrend. The DYO reads that Trend flags on Line A and Line D to determine the trend.
Line B and E read the bar flags for the Lower High and the Higher Low.
Line C will be True when both Line A and Line B are True, and mark the Lower High in an Uptrend with a red highlight.
Line F will be True when both Line D and Line E are True, and mark the Higher Low in a Downtrend with a green highlight.
Template: 1219-Trends
Last modified 1/26/08 10:07 PM
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