Cumulative High Low Index

NVIDIA CorporationNASDAQ

Beskrivning

⋅ 9 okt 2020 13:27

This indicator tells how many days it is making new HighLowPeriod highs or lows in Lookback period.

If bar makes new HighLowPeriod high, HighLow index for that bar is +1
If bar makes new HighLowPeriod low, HighLow index for that bar is -1

Cumulative high low index is sum of HighLow index for Lookback periods.

Optional moving average can also be applied on this index

Trend Analysis High-Low Index

Kommentarer

primalstef

⋅ 9 feb 2023 15:35

Thank you! Is this for a specific stock or is it a measuring the hiigh low ratios of the NYSE (or some other index)?

primalstef

⋅ 23 feb 2023 22:36

Im having a hard time understanding what "HighLowPeriod" is. Can you please explain?

Context: I set the look back period to what I want but not sure how to adjust "HighLowPeriod" accordingly.

Thank you.

Mer