Resistance to Declines - Call Volume

Resistance to Declines - Call Volume

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Resistance to Declines - Call Volume

Variable List Abbreviation: DecResist-CallVol

 

Variable Mode(s): Futures2

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

 

Parameter(s): DecResist-CallVol time periods

 

Description:

A measure of the amount of call volume per unit decrease in price.

 

Calculation:

For n (time periods) time periods

Average call volume on close down time periods

Average price change magnitude on close down time periods