Price Trend - Put+Call Volume

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Price Trend - Put+Call Volume

Variable List Abbreviation: PriceTrend-Pt+ClVol

 

Variable Mode(s): Futures2

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

 

Parameter(s): PriceTrend-Pt+ClVol time periods

 

Description:

Sum of price changes weighted by put & call volume.  The weighting causes price changes during times of high put & call volume to have more significance then price changes during times of low put & call volume.

 

Calculation:

Sum over n (time periods) time periods of

put & call volume sum * (close - previous close)