Price Trend - Put+Call Open Interest

Price Trend - Put+Call Open Interest

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Price Trend - Put+Call Open Interest

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

 

Description:

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.

 

Calculation:

Sum over n (time periods) time periods of

put & call open interest sum * (close - previous close)