Support Board
Date/Time: Tue, 26 Nov 2024 12:42:46 +0000
Post From: Looking for an indicator based on Kinetic Energy
| [2014-04-27 13:23:22] |
| User31737 - Posts: 73 |
|
isn't this the formula? Energy line is calculated similar to kinetic energy in physics: E = (mv^2)/2. Tick volumes (money stock) are used as mass, while price rate of change (ROC) is used as velocity. Energy direction (positive or negative) is defined by ROC direction. where m=tick volume,and v=ROC |