Trend Trigger Factor
For interpretation refer to the December 2004 issue of Technical Analysis of STOCKS & COMMODITIES magazine.
inp0:"number of periods", 15, 2, 100;
bp:=Highest(H, x) - Lowest(L, x)\x\;
sp:=Highest(H, x)\x\ - Lowest(L, x);
return ((bp - sp) / (0.5 * (bp + sp))) * 100;
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- Click Download.
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- In the Indicator Builder dialog, click Import, locate the saved file and then click OK.