The above chart shows my trend indicator oscillators that are based on a surrogate net volume advance/decline number for every 10 minute interval of the DIA. When the green line crosses above the red line, a bull trend begins and when the red line crosses above the green line a bearish trend begins. Each oscillator is a derivative of my basic oscillator. This trend indicator is more sensitive than the oscillator shown in the chart below. The trend indicator oscillator shown below is the exact same calculation as the above chart oscillators with the 10 minute last price of the DIA substituted for a net up/down volume substitute.
The above trend indicator signals a new trend as the red line crosses the red line. As the green line crosses above the red line a bull trend begins and visa-versa.
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