great indicator for sideway market

[fab]

hi I have a great indicator for vt that I would like to make it for esignal. Can anybody help me to do that?
Is this the right place?
the indicator is called: VolitilityTrendStrength
here is the formula:

HL200 := mov(ref(H,-1) - ref(L,-1), 200, S);
HLcur := (H-L)/HL200;
HLma := mov(HLcur, Per, MAtype);
OCcur := (C-O)/HL200;
OCma := mov(OCcur, Per, MAtype);

here the notes from the author:

Two indicators developed by David W. Thomas to plot together to indicate both volatility and strength of the trend or indicate a sideways market.

The light (shadow-like) plots are the actual bar values, the colored plots are those values calculated through a moving average.

The volatility and trend are normalized by a 200 period moving average of the High - Low. The volatility is the High - Low and the trend indicated by Close - Open.

Both indicators near zero in a sideways market. A fast trend will put both indicators further from zero.

This is most useful in the short time frames (less than 60min).
and below I attach the indicator
please let me know something, is really a great tool!!
thanks
Netra
If you need more info email me at:
[email protected]

[ACM]

fab
See this thread
Alex

[fab]

here the pic

here the picture of it
above the green line the trend start to take place,
usually it goes with other indicators like cci or rsi.
the two circle defines the start and the end of the trend
enjoy

netra