Resistance to Advances - Volume

Resistance to Advances - Volume

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Resistance to Advances - Volume

Variable List Abbreviation: AdvResist-Vol

 

Variable Mode(s): Stock and Futures1

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

 

Parameter(s): AdvResist-Vol time periods

 

Description:

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

 

Calculation:

For n (time periods) time periods

 Average volume on close up time periods   .

Average price change on close up time periods