The DT Trend study is designed to help the investor identify the level of strength in trends on individual stocks. Often times prices will move in a bearish pattern against an overall up trending market, the DT Trend Study will help you identify whether these bearish moves are a signal of a weakening trend or simply a retracement in a still overall strong market. If prices are declining on the stock but the DT Trend is still solid blue and moving higher this lets the trader know that long term prices are still positive and this can be treated as a trend retracement area. If prices continue to decline and the DT Trend turns red this may indicate an overall trend change.
DT Trend Setting Dialog: