Resistance to Advances - Put+Call Volume

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Resistance to Advances - Put+Call Volume

Variable List Abbreviation: AdvResist-Pt+ClVol

 

Variable Mode(s): Futures2

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

 

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

 

Description:

A measure of the amount of put & call volume per unit increase in price.

 

Calculation:

For n (time periods) time periods

Average put & call volume sum on close up time periods

    Average price change on close up time periods