Cumulative High Low Index

NVIDIA CorporationNASDAQ

詳細

⋅ 2020年10月9日午後1時27分

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

primalstef

⋅ 2023年2月9日午後3時35分

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

⋅ 2023年2月23日午後10時36分

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.

詳細