Variable List Abbreviation: Pt+ClOpnIntWgtMvAvg
Variable Mode(s): Futures2
[Note: appears in indicator list only after put open interest and call open interest selected]
Parameter(s): Pt+ClOpnIntWgtMvAvg time periods
Description:
A weighted moving average of price over the last n (time periods) time periods in which the price of time periods with high total open interest contributes more than the price of time periods with low total open interest.
Calculation:
sum over n time periods of ( put & call open interest sum * close )
sum over n time periods of ( put & call open interest sum )
