A Neat, simple indicator for you

If you are using TeleChart or TC2000, you may want to play around with this custom price indicator I created, strictly price. You may be able to tweak it and get even better results, but I found it to be interesting to say the least. If you don't have TeleChart or TC2000- click the links and check out the products. I designed my 3C indicator using their custom indicator function. In any case, this is similar is use-it's a divergence indicator. The formula s on the left. Have fun and don't be afraid to think outside the box.

This is a daily chart of GOOG, you can see this indy has done a pretty good job in calling reversals. GOOG doesn't look so good here.