Price Trend - Put Volume

Price Trend - Put Volume

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Price Trend - Put Volume

Variable List Abbreviation: PriceTrend-PutVol

 

Variable Mode(s): Futures2

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

 

Parameter(s): PriceTrend-PutVol time periods

 

Description:

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

 

Calculation:

Sum over n (time periods) time periods of

put volume * (close - previous close)