Range - Highest minus Lowest Value

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Range - Highest minus Lowest Value

Variable List Abbreviation: Range

 

Variable Mode(s): Standard, Stock, Futures1, and Futures2

[ Note: uses selected close variable in Stock, Futures1, and Futures2 modes ]

 

Parameter(s): Range time periods

 

Description:

The difference between the highest and lowest value over n (time periods) time periods.  A gradual increase in range (high-low) generally indicates the possibility of a market turn.