Variable List Abbreviation: PriceTrend-Pt+ClOpnInt
Variable Mode(s): Futures2
[Note: appears in indicator list only after put open interest and call open interest selected]
Parameter(s): PriceTrend-Pt+ClOpnInt time periods
Sum of price changes weighted by put & call open interest. The weighting causes price changes during times of high put & call open interest to have more significance then price changes during times of low put & call open interest.
Sum over n (time periods) time periods of
put & call open interest sum * (close - previous close)