Dow Theory Indicator

This indicator show if the market is Choppy, Bullish or bearish calculated by Dow Theory.

- If you have Higher highs and Higher lows --> Bullish
- if you have Lower Highs and Lower Lows --> Bearish
- Otherwise --> Choppy

Indicator draw two lines for easy visualisation.

Created By Rwallace
NinjaTrader Version 7
File Size 6.1 KB
Create Date 11/29/2010
# of Downloads 4161

Importing to NinjaTrader 7 is Easy!

To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:

  1. Download the app or add-on file to your desktop
  2. From the NinjaTrader Control Center window, select the menu File > Utilities > Import NinjaScript
  3. Select the downloaded file from your desktop

Questions?

Visit the NinjaScript File Sharing discussion in the NinjaTrader user forum to interact with fellow traders and the NinjaTrader support team.