Support Board

Date/Time: Fri, 10 May 2024 06:07:03 +0000

Post From: Does SC have a one time framing up and one time framing down indicator?

[2021-03-02 11:18:02] Link To Thread - Link To Post [Go To First Post]
SC Support Tom - Posts: 450
WRT Post #28 I disagree : higher highs are not needed for an uptrend to go on. They will occur, but are not necessary on every bar. Please tell me what you think is the exact definition of an uptrend. I attempted to get this clarified by asking in Post #8, and I received confirmation of my understanding (which you disagree with) in Post #9. I searched the web for this definition and almost universally found definitions such as the following. An uptrend occurs when a stock makes consecutive higher highs and higher lows, resulting in a price advance which trends higher. http://thestockbandit.com/uptrend-stock/#:~:text=An%20uptrend%20occurs%20when%20a,higher%20than%20the%20preceding%20low.&text=Example%20of%20a%20stock%20uptrend,a%20stock%20in%20an%20uptrend. According to what you have said, a sequence of inside bars with higher lows and lower highs would constitute an uptrend, which does not make sense to me. That would not be rising price action. I just want to get this study programmed according to Dalton's intentions. I appreciate your help in that regard. Date Time Of Last Edit: 2021-03-02 11:22:42