I have been searching for a MetaTrader indicator that could be used for finding trends based on higher lows or lower highs, but could not find any. I mean, an indicator that could recognize trends somehow like this:
http://www.investopedia.com/universi...Dowtheory2.asp
I would like to use the indicator in a EA, so the indicator should not do redrawing in any case, and it's values should be able to be read by the EA.
Is there such indicator available anywhere?
http://www.investopedia.com/universi...Dowtheory2.asp
I would like to use the indicator in a EA, so the indicator should not do redrawing in any case, and it's values should be able to be read by the EA.
Is there such indicator available anywhere?