The First Indicator we are going
to look at is the Altrtrend. This indicator is a simple channel breakout system
which uses a part of the range subtracted from the Highs and added to the Lows
to form the channel. Price above this channel is defined as an uptrend and
price below the channel is defined as the downtrend. The transition points are plotted as
dots. The funny thing is the plotting
point is controlled by the ADX value. Anyway the indicator itself is very prone to
whipsaws and prone for lags. As a standalone indicator it is not very useful.
This has to be used in conjunction other indicators.
Altrtred in Amibroker
Altrtrend in Metatrader
Karthik ji..
ReplyDeleteTwo questions i have bro..
1) In lower TF, will this dots recalculate?
2) Karthik bro.. i am unable to log on to ur website.. Msg flashes as domain expired on 14.8.2012..
omg! what would happen to my points.. so far i have gained ( 30 points).. kindly look in to it bro..
with warm regards
saivenkat
Hello saivenkat,
ReplyDeleteThe site tatechnics.in had been hacked , and as far as i know , karthik sir won't continue that site , instead he is opening another forum :) , and don't worry about the points you earned , as on new site all old formulas + some new stuff will be available .
so stay tuned .
Thank you
Sir, Is AFL available for above?
ReplyDeleteSir, may I have the AFL of the above?
ReplyDeleteHi, Please look on the right hand side bar of this blog... you will find links for downloading
ReplyDeleteHi Karthik Sir, the link for this afl is not to be see on the side bar.
ReplyDeleteCould you please repost the link pls.
Thx
hi sir,
ReplyDeletei want multitime frame trend AFL so pls help me out