Variable List Abbreviation: DecResist-OpnInt
Variable Mode(s): Stock and Futures1
[Note: appears in indicator list only after open interest selected]
Parameter(s): DecResist-OpnInt time periods
Description:
A measure of the amount of open interest per unit decrease in price.
Calculation:
For n (time periods) time periods
Average open interest on close down time periods
Average price change magnitude on close down time periods
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