Resistance to Advances - Put Open Interest

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Resistance to Advances - Put Open Interest

Variable List Abbreviation: AdvResist-PutOpnInt

 

Variable Mode(s): Futures2

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

 

Parameter(s): AdvResist-PutOpnInt time periods

 

Description:

A measure of the amount of put open interest per unit increase in price.

 

Calculation:

For n (time periods) time periods

Average put open interest on close up time periods

Average price change on close up time periods