Life Force - Call Open Interest

Life Force - Call Open Interest

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Life Force - Call Open Interest

Variable List Abbreviation:LifeForce-CallOpnInt

 

Variable Mode(s): Futures2

[ Note: appears in indicator list only after call open interest selected ]

 

Parameter(s): LifeForce-CallOpnInt time periods

 

Description:

Verifies price trends using changes in call open interest.

 

Calculation:

Sum over n (time periods) time periods of

if ( close > previous close) then

current call open interest - previous call open interest

if ( close < previous close) then

previous call open interest - current call open interest