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Telah dikemas kini Tolu High Tight Flag Index (HTF)
The Tolu High Tight Flag Index (HTF) is a composite indicator designed to quantify the conditions necessary for a classic High Tight Flag continuation pattern.
Pole Score (Part A): Measures the strength of the initial sharp upward price move (the "Pole") by comparing recent momentum against volatility. It only scores high when the price move is significantly greater than the typical volatility.
Flag Score (Part B): Only active in an uptrend (Close > 50 SMA), this score measures the characteristics of the "Tight Flag" consolidation. It combines factors like contracting price ranges, positive volume pressure, and low short-term volatility relative to longer-term volatility.
Interpretation: High index values suggest that both the explosive move (Pole) and the subsequent quiet, tight consolidation (Flag) are occurring simultaneously, indicating a potential setup for a strong continuation breakout.
Pole Score (Part A): Measures the strength of the initial sharp upward price move (the "Pole") by comparing recent momentum against volatility. It only scores high when the price move is significantly greater than the typical volatility.
Flag Score (Part B): Only active in an uptrend (Close > 50 SMA), this score measures the characteristics of the "Tight Flag" consolidation. It combines factors like contracting price ranges, positive volume pressure, and low short-term volatility relative to longer-term volatility.
Interpretation: High index values suggest that both the explosive move (Pole) and the subsequent quiet, tight consolidation (Flag) are occurring simultaneously, indicating a potential setup for a strong continuation breakout.
Nota Keluaran
added offset perio for pole Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.