New Advance Decline Line

New Advance Decline Line
The formulas and the steps needed to make a new progress-Line quit in September 1994 Technical analysis of stocks and commodities, page 14 Daniel Downing are:
Taken from stocks and commodities, ext. 12:09 (363-365): A new advance-Line Decline by Daniel D. Downing
"Here's a trading tool that uses a unique version of previous paper fall line of the New York Stock Exchange (NYSE). This version helps our short and long term trading index options and stock index futures. It gives a very good short-term trading signals and excellent, but rare long-term signals ...
The philosophy behind this tool is that capital in the short term trader is not infinite and that retailers must reliquify their properties after a period. Traders can buy and try to push the shares higher only so many times before, they should reliquify, just as only a limited amount for sale of waves can occur before the sellers stocks. Tool that indicates when they need short-term traders to reliquify their positions, will also place when the markets will soon reverse their trends.
For Windows versions of MetaStock:
Load the advances
â ¢ Put drops
â ¢ Drag the plot to progress in the pattern of decline
â ¢ Rent the following custom formula directly to the plot advances.
Cum (If (P,> =, 1000, If (C, + 1000, + 1, 0) If (C,> =, 1000, -1, 0)))