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