HUI In Metastock.
Here is the HUI in the hourly, daily, and weekly; with some Metastock parameters I like. I have not yet used Metastock that much, but think I will begin to use it more.
The parameters are two slightly different momentum parameters on the top, inertia (black) with price, and polarized fractal efficiency (red) with price.
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I like all of these parameters or I would not show them. I normally have very good eyes, just have trouble acting sometimes.
I would just say if you don't have good eyes, look carefully how the two momentum parameters interact. Look carefully also at the inertia parameter. The horizontal line on the price chart is also a gauge, for the inertial parameter. If the inertia on the weeklies for example would tend to stay below this, the HUI is going down, there wouldn't be any argument.
There is normally a bounce at a juncture like this, these charts indicate to me the same. |