Variable List Abbreviation: LifeForce-Pt+ClOpnInt
Variable Mode(s): Futures2
[Note: appears in indicator list only after put open interest and call open interest selected]
Parameter(s): LifeForce-Pt+ClOpnInt time periods
Description:
Verifies price trends using changes in total open interest.
Calculation:
Sum over n (time periods) time periods of
if ( close > previous close) then
current put & call open interest sum - previous put & call open interest sum
if ( close < previous close) then
previous put & call open interest sum - current put & call open interest sum
|