Directional Bias or ‘DBIAS’ is a unique momentum study that captures the influence of trends-within-trends in the form of a price-projection indicator.
The rationale behind the study revolves around the fact that even in a ’sideways’ market as observed under a certain timeframe, lays a series of prevailing trends that can be observed under different timeframes.
DBIAS measures the influence and significance of lower-compression trends on price movements within higher-compression timeframes. It provides a better refined method for reducing the volatility of trading shorter timeframes and a better market-timing mechanism.