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Re: Trend Indicators

mrtools, Thu Oct 08, 2020 5:09 am

daproject85 wrote: Wed Oct 07, 2020 4:49 pm Dear Mr. Tools, please forgive me , but a couple questions
1. what does "bear market rally" really mean? beginning of a strong bear market / signal?
2. what does "bull market rally" really mean? beginning of a strong bull market / signal?
3. are these colors wrong? are they suppose to be inverse? meaning "bull market rally" should be Turquoise and "bear market rally" should be Dark Orange? (screen shot attached)
4. Do you have a ASH indicator which has DMI as a calculation method and many additional MAs than just the standard 4?
Image
1. Bear market rally mean was a strong bull market but the bears are rallying.
2. Bull market rally means was a strong bear market but the bulls are rallying.
3. The explanations above should explain the color choice.
4. This version has adx (no dmi) and just the standard 4 MAS.
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