DYO: Lower High in an uptrend, and Higher Low in a downtrend


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