Life Force - Put Volume

Life Force - Put Volume

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Life Force - Put Volume

Variable List Abbreviation: LifeForce-PutVol

 

Variable Mode(s): Futures2

[ Note: appears in indicator list only after put volume selected ]

 

Parameter(s): LifeForce-PutVol time periods

 

Description:

Verifies price trends using changes in put volume.

 

Calculation:

Sum over n (time periods) time periods of

if ( close > previous close) then

current put volume - previous put volume

if ( close < previous close) then

previous put volume - current put volume