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@ DynamicRangeIndicator @


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http://www.trade-profit.com/indicator/trend-trade-4.jpg

 

http://www.trade-profit.com/indicator/dri-s&p-3.jpg

 

http://www.trade-profit.com/indicator/dri-2.jpg

 

http://www.trade-profit.com/indicator/dri-1.jpg

 

Download:

 

http://www.mirrorcreator.com/files/OWI8NKFS/DynamicRangeIndicator.ex4

 

;)

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you need to filter out lots of arrows from this indicator.

 

Exactly, in sideways market it gives a lot of false signals..

 

it does not repaint

 

IMO even if it does not repaint, there are many better indicators available than this..

 

Just my two cents..

 

Regards

Saivenkat

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