Resistance to Declines - Put Open Interest

Resistance to Declines - Put Open Interest

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Resistance to Declines - Put Open Interest

Variable List Abbreviation: DecResist-PutOpnInt

 

Variable Mode(s): Futures2

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

 

Parameter(s): DecResist-PutOpnInt time periods

 

Description:

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

 

For n (time periods) time periods

Average put open interest on close down time periods

Average price change magnitude on close down time periods