Life Force - Volume

Top 

Life Force - Volume

Variable List Abbreviation: LifeForce-Vol

 

Variable Mode(s): Stock and Futures1

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

 

Parameter(s): LifeForce-Vol time periods

 

Description:

Verifies price trends using changes in volume.

 

Calculation:

Sum over n (time periods) time periods of

if ( close > previous close) then

current volume - previous volume

if ( close < previous close) then

previous volume - current volume