Metastock Indicator Formula |
Dunn-Type 2 |
Market swing is defined as:
Up = 2 higher highs and 2 higher lows,
Down = 2 lower highs and 2 lower lows. |
| Formula: |
TD1:=If(BarsSince((H>Ref(H,-1) AND L>Ref(L,-1))
AND (Ref(H,-1)>Ref(H,-2)
AND Ref(L,-1)>Ref(L,-2))) <
BarsSince((L
AND (Ref(L,-1)
AND Ref(H,-1)
{then}1,
{else}-1);
TD1 |
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