Life Force - Open Interest

Life Force - Open Interest

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Life Force - Open Interest

Variable List Abbreviation: LifeForce-OpnInt

 

Variable Mode(s): Futures1

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

 

Parameter(s):LifeForce-OpnInt time periods

 

Description:

Verifies price trends using changes in open interest.

 

Calculation:

Sum over n (time periods) time periods of

if ( close > previous close) then

current open interest - previous open interest

if ( close < previous close) then

previous open interest - current open interest