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
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.
sum over n time periods of ( put & call open interest sum * close )
sum over n time periods of ( put & call open interest sum )