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1st Higher Low, Trend & Countertrend & Bias Reversal Template
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1st Higher Low, Trend & Countertrend & Bias Reversal Template
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BHP CHART 

bhptrend.jpg
BHP Chart

This template is based on standard trend analysis stuff.

 

The top indicator identifies higher lows and lower highs.

 

The next one simply counts the number of days in an up or down swing. This enables you to spot trend and counter trend patters.

 

The bar chart is highlighted with up days green down days red and indecision days in black.

 

Numbered Icons show first second and third higher lows or lower highs within the time constraints.

 

Having built these indictors we can now use then in our daily scans.

 

Click the link below to see the analyzer output from this stuff

click here to download file

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