This indicator show if the market is Choppy, Bullish or bearish calculated by Dow Theory.
- If you have Higher highs and Higher lows --> Bullish
- if you have Lower Highs and Lower Lows --> Bearish
- Otherwise --> Choppy
Indicator draw two lines for easy visualisation.
Period tell us how many bars I take to know when I have a higher high
Exported using NT Version 7.0.0.23
Category NinjaTrader 7 Indicators
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