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I have not seen anyone talk about this indicator. It is called up-down. I cannot find any info anywhere about it. I have been visually following it on the one hour charts and it is very good. I have not seen it "repaint" the past. It keeps you with the trend and avoids whipsaws better than any thing else I have seen. Once in a while it stays with a trade and it looks like it should have flipped. But that is rare. It works on all timeframes. Am I missing something? I would love for someone to make an ea based on this.
i got this indicator in another forum,a newbie ask people buy and sell indicator,someone post this indicator,and it looks something useful,just don't know how it works,i am not programmer,hope someone can check the code and tell how it work thanks in advance
Could you please post the bentrend indicator below your chart,it looks something helpful,and how many bars does it repaint? Thanks
Hi yellowblack,
I customized that "bendtrend NRTR" indicator based on NRTR_NK and other indicators, before that, I customized "bendtrend NRTR" indic solely based on UpDown indic, but too bad, it repaints 3 bars. So, UpDown indic can be dropped.
I tested "Bnedtrend NRTR" indic in M1 TF, it seems doesn't repaint. I need further test it. It looks can nail down some minor/huge trend, it works nice in M30 TF, but my problem is "Exit Point".
Linear Mode
